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FirstGroup PLC (FGP.L)

FGP.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Firstgroup submits South Western Rail bid to transport dept
Wednesday, 7 Sep 2016 09:48am EDT 

Firstgroup Plc : Says today submitted a bid to department for transport in respect of South Western Rail franchise .Two shareholders have also entered into a joint venture agreement governing first MTR South Western Trains Limited.  Full Article

Firstgroup says disappointed not to have been awarded East Anglia Rail contract
Wednesday, 10 Aug 2016 02:54am EDT 

Firstgroup Plc :Disappointed not to have been awarded East Anglia Rail franchise after submitting bid.  Full Article

Firstgroup sticks to FY outlook, says too soon to judge Brexit impact
Friday, 15 Jul 2016 02:05am EDT 

Firstgroup Plc : Trading performance as outlined at recent full year results in june has continued during q1 . Group revenue in q1 decreased by 1.4% in constant currency, with revenue growth in first student, first transit and first rail offset by decreases in first bus and greyhound . No change to overall outlook for current year, recognising that degree to which potential net currency benefits as a result of our significant us dollar based businesses will be offset by a more challenging macroeconomic outlook for our uk businesses is uncertain .Too soon to judge overall effect of eu referendum decision on group..  Full Article

Firstgroup forms JV with MTR Corp to bid for South Western Rail franchise
Thursday, 16 Jun 2016 02:46am EDT 

Firstgroup Plc : Statement re South Western Rail franchise competition . MTR Corporation (UK) will join group in a joint venture to bid for South Western Rail franchise, following assent of department for transport .MTR Corporation (UK) will take a 30 pct stake in joint venture.  Full Article

Firstgroup sees significant growth in cash generation in coming year
Tuesday, 14 Jun 2016 02:08am EDT 

Firstgroup Plc : Operating profit maintained . Solid progress made in year to position group for future growth and higher returns . Fy underlying 1 revenue broadly flat. Reported revenue decreased by 13.8% due to changes in rail portfolio . Adjusted 2 operating profit in line with prior year, and adjusted 2 eps increased by 5.1% . Fy adjusted profit before tax £168.3m .Expect to deliver a significant increase in net cash generation for first time since we launched our transformation of group in 2013..  Full Article

FirstGroup Plc announces Group Finance Director retirement
Wednesday, 10 Jun 2015 02:00am EDT 

FirstGroup Plc:Says Chris Surch, Group Finance Director, has decided to retire from Group for personal reasons.His notice period ends on Jan. 8, 2016.Board has commenced formal search for his replacement.  Full Article