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FirstGroup PLC (FGP.L)

FGP.L on London Stock Exchange

136.50GBp
28 Apr 2017
Change (% chg)

0.50 (+0.37%)
Prev Close
136.00
Open
135.80
Day's High
137.00
Day's Low
135.50
Volume
2,221,615
Avg. Vol
2,880,112
52-wk High
137.00
52-wk Low
87.75

Latest Key Developments (Source: Significant Developments)

Firstgroup says Network Rail submits planning consent for Exeter rail depot
Friday, 24 Feb 2017 09:32am EST 

Firstgroup Plc : New 40 million stg rail depot planned for Exeter . Planning consent for a new rail depot at Exeter has been submitted by Network Rail on behalf of GWR .Gwr is seeking to begin new depot, subject to planning consent being secured, in spring 2018 and will complete in mid-2019.  Full Article

Firstgroup's full-year view unchanged after flat Q3
Tuesday, 7 Feb 2017 01:01am EST 

Firstgroup Plc : Trend of overall trading and expectations for full year unchanged . . Reported group revenue increased by 12.8% in q3 . Group revenue in constant currency was flat, with growth in north america offset by previously announced rail franchise changes and first bus trading . Industry-Wide market conditions continue to be challenging for first bus . First bus like-for-like passenger revenues decreased by 0.6% in q3, a modest improvement on first half .First rail q3 like-for-like passenger revenue growth 1.1%.  Full Article

UK's CMA to review undertakings on Firstgroup Greater Bristol bus services
Tuesday, 31 Jan 2017 10:06am EST 

UK's Competition and Markets Authority (CMA) - :CMA is to review long-standing undertakings covering Firstgroup Plc , local authority tendered bus services in Greater Bristol area.  Full Article

Firstgroup forms JV to bid for rail franchise competition
Tuesday, 24 Jan 2017 05:36am EST 

Firstgroup Plc : Co, Trenitalia UK Limited will bid together for East Midlands and West Coast partnership rail franchise competitions due to be awarded in 2018 .JV has today submitted an expression of interest to Department For Transport in respect of East Midlands rail franchise competition.  Full Article

UK's CMA clears East Coast Buses-First Scotland East deal
Monday, 23 Jan 2017 07:00am EST 

UK's CMA (Competition and Markets Authority):Not to refer completed acquisition by East Coast Buses Limited of the East Coast operations of First Scotland East Limited to phase 2 investigation.  Full Article

FirstGroup first half revenue up 5.1 pct
Monday, 14 Nov 2016 07:33pm EST 

Firstgroup : Overall trading as outlined at our results in June continued during first half . Encouraging performances by our North American business were partially offset by more challenging trading conditions for our UK operations . Group reported revenue 2.565 bln stg vs 2.441, +5.1% . Operating profit 89.0 mln stg vs 88.4 mln stg, +0.7% . Profit/(loss) before tax 21.9 mln stg vs 22.4 mln stg, (2.2)% . Flat adjusted operating profit margin in constant currency . Continue to expect good progress for group in current year, . FY will likely benefit from currency tailwinds from our substantial north american operations .Will also face uncertain economic conditions in uk for foreseeable future.  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

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