FirstGroup PLC (FGROF.PK) Key Developments | Reuters.com
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FirstGroup PLC (FGROF.PK)

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17 May 2016
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Latest Key Developments (Source: Significant Developments)

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

FirstGroup plc announces directorate change
Friday, 12 Sep 2014 04:04am EDT 

FirstGroup plc:Says John McFarlane will be stepping down from the role of Chairman at the Annual General Meeting in July 2015.  Full Article

FirstGroup gets nod for London-Edinburgh open access rail services

May 12 British transport company FirstGroup on Thursday said it had obtained approval from the country's rail regulator to launch open access rail services between London and Edinburgh.