Stagecoach has seen profits and revenue slashed in its annual report for the year to May 2 as coronavirus fall-out hit the bus and rail business.

The Perth-based firm said adjusted total operating profit from continuing operations was £119.4m against £161.3m the previous year.

Adjusted revenue was £1.4bn, against £1.8bn.

It said the change in operating profit “reflects the adverse effect of the Covid-19 situation on the operating profit of the regional bus operations since March and the end of the East Midlands and West Coast rail franchises”.

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Unadjusted operating profit from continuing operations was £87.2m set against £135.7m, “reflecting the reduction in adjusted operating profit and an increase in the costs from separately disclosed items due to the Covid-19 situation”.

Adjusted profit before tax was £90.9m, compared to £132.9m the previous year.

On the dividend, Stagecoach said: “We maintained the interim dividend for 2019/20 at 3.8p per share and this was paid on March 4. Given the uncertainties caused by the impact of Covid-19, we announced in March that no further dividends will be proposed in respect of the year ended May 2.

“We recognise the importance of dividends to many shareholders and it is our ambition to resume dividend payments in due course.”

Martin Griffiths, Stagecoach Group chief executive, said: “Throughout these difficult times, our priority has firmly remained the safety and wellbeing of our people and our customers and protecting the long-term sustainability of our business.

“Prior to the Covid-19 pandemic, the business was on track to meet its expectations for the full year.

We have also been encouraged by the good momentum created by the positive direction of government bus policy and investment.

“Despite recent events, it is critical that all partners continue to work together to prioritise better mobility, maintain the cleaner air and take action to protect the future of our planet as part of the plan for global recovery. We are ready and committed to play our part in creating further value for our investors, customers, employees, communities and the environment.”

Taking customer contact details will become mandatory across Scotland's hospitality sector next week, Nicola Sturgeon has announced as cases linked to a coronavirus outbreak in Aberdeen reached 101.

Government guidance currently states pubs, bars, cafes and restaurants should collect customer details to allow contact tracing, but this will become law from Friday August 14.

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Speaking at the Scottish Government's regular coronavirus briefing in Edinburgh on Friday, the First Minister also announced an expansion of premises where face coverings will be mandatory.

They are currently compulsory on public transport and in shops, and from August 14 this will be extended to "a range of indoor premises" including libraries, museums and places of worship.

The changes follow localised outbreaks in Scotland in recent weeks, including in Aberdeen where lockdown restrictions were reintroduced on Wednesday.

Indoor hospitality venues across the city have been closed, residents are not allowed visitors to their homes and a five-mile travel limit has been put in place.

Ms Sturgeon said a common factor in the rise in new coronavirus outbreaks across the world - including the Aberdeen cluster - is the hospitality sector, and settings such as pubs and restaurants are particularly susceptible to the virus.

She said the majority of such premises across Scotland have been complying with the guidance to note customers contact details, but some have not.

She said: "I now intend to make it mandatory for a range of settings, including hospitality businesses, to collect customer details."

Placing compliance on a "statutory footing", Ms Sturgeon said, will help ensure test and protect can function as effectively as possible.

She said Police Scotland will enforce the measures if necessary.

A total of 101 cases have been confirmed in the Aberdeen cluster, an increase of 22 from Thursday, the First Minister said, with 313 close contacts traced.

She said Aberdeen FC's game against St Johnstone on Saturday will not now go ahead after two Aberdeen players tested positive for Covid-19 through "clear breaches of the rules", Ms Sturgeon said.

Six players have been identified as being in close proximity to the two positive cases, and all eight are now self-isolating.

All eight players had visited a bar in Aberdeen, and Ms Sturgeon said they "blatantly broke the rules" and that is "completely unacceptable".

Of the 43 new cases across Scotland in the past 24 hours, provisional figures indicate more than half, 27, were in the Grampian health board area, she added.

Ms Sturgeon said five cases were in the Greater Glasgow and Clyde health board, down from the 17 in that location which sparked concern on Thursday.

A total of 18,890 people have now tested positive for the virus.

No patients have died in Scotland after testing positive for coronavirus for 22 consecutive days, with the death toll remaining at 2,491.

Ms Sturgeon said 262 people are in hospital with confirmed Covid-19, down eight in 24 hours. Of these, four are in intensive care - which is no change from the previous day.

Standard Life Aberdeen swung to a loss in the first half of the year as the business was hit by the coronavirus crisis and the loss of its contract with Lloyds Bank.

The investment company reported a pre-tax loss of £498 million in the six months, compared with a profit of £629 million a year earlier.

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The more than £1 billion swing did not hit the dividend, which remains at 7.3p.

Standard Life Aberdeen took a £1.05 billion impairment hit during the quarter.

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