UPDATE 1-Arriva raises dividend despite fall in profit

Newswire

* H1 pretax profit 57.4 million sterling, down from 66.3 million * H1 div up 5 percent to 6.46p a share * Short-term passenger revenue difficult to predict LONDON, Aug 27 (Reuters) - British bus and rail operator Arriva said first-half pretax profit fell 13 percent and that it was hard to predict short-term prospects, but hiked its dividend and said it was confident for future growth. The company, which operates transport groups in 13 different countries around Europe, warned earlier ...

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