March 23 (Reuters) - FirstGroup PLC:
* REG-FIRSTGROUP PLC: COVID-19 UPDATE
* FIRSTGROUP PLC - NO LONGER ABLE TO PROVIDE GUIDANCE ON OUTTURN FOR REMAINDER OF FINANCIAL YEAR TO 31 MARCH 2020
* FIRSTGROUP PLC - IN RECENT DAYS THERE HAVE BEEN SUBSTANTIAL VOLUME REDUCTIONS IN PASSENGER DEMAND BUSINESSES IN NORTH AMERICA AND UK
* FIRSTGROUP PLC - ON 19 MARCH 2020 GROUP SIGNED A NEW £250M BANK BRIDGE FACILITY FOR REFINANCING OF NEXT BOND MATURITY IN APRIL 2021
* FIRSTGROUP - ARE IN VERY ACTIVE DISCUSSIONS WITH MANY OF CUSTOMERS ABOUT FUTURE SERVICE LEVELS AND FULL OR PARTIAL PAYMENTS IN LIEU OF REDUCED SERVICE
* FIRSTGROUP PLC - FUTURE CAPITAL EXPENDITURE ORDERS ON HOLD
* FIRSTGROUP PLC - PASSENGER VOLUMES IN FIRST RAIL BUSINESSES HAVE REDUCED SUBSTANTIALLY SINCE LAST WEEK WITH REVENUE UP TO 90% LOWER OVER LAST FEW DAYS
* FIRSTGROUP PLC - PARATRANSIT OPERATIONS (32% OF DIVISIONAL REVENUE) ARE SEEING TRIP NUMBERS DECLINE BY APPROXIMATELY HALF UNDER FIRST TRANSIT BUSINESS
* FIRSTGROUP PLC - IN UK OUR FIRST BUS BUSINESS HAS SEEN FARE-PAYING PASSENGER REVENUE DECLINES AND CONCESSIONARY VOLUME DECLINES OF APPROXIMATELY 65% Source text for Eikon: Further company coverage: (Reporting By UK Bureau)
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