Firstgroup: Booming rail and bus demand delivers windfall for shareholders Transport Firstgroup dividends sit at 5.5p, a 45 per cent hike on full-year 2023 amid a surge in demand for rail and bus travel.
Firstgroup bids to restore direct London to Rochdale route for the first time since 2000 Transport FirstGroup said the new route would be electric and battery powered, and operated by brand new trains which will be built in Britain.
Trainline and Firstgroup shares tumble as Labour pledges rail nationalisation Transport & Infrastructure Trainline and Firstgroup shares fell this morning after Labour announced plans to renationalise Britain's railway network in the next five years.
Firstgroup shares plunge five per cent following £142m pension charge November 23, 2023 Firstgroup's profits have jumped, but a large one-off charge has hit the company's share price this morning.
Firstgroup set for bumper results but Labour’s rail nationalisation policy a ‘threat’ to share price November 19, 2023 Transport giant Firstgroup is expecting bumper profits in its half year results this Thursday amid strong passenger volumes on bus and rail.
FirstGroup: Share price up for rail and bus operator after profit outlook lifted October 11, 2023 The FTSE 250 company was the biggest riser on the index after the open, with its share price rising 4.92 per cent to 153.7p per share.
FirstGroup: Train and bus giant’s profits surpass targets as share price edges higher March 10, 2023 Transport operator FirstGroup said profits for the year are set to surpass previous targets after a pick up in bus and train demand. The firm, which runs TransPennine Express, saw shares edge higher after it said adjusted operating profits for the 2023 financial year will be above previous guidance. It said this comes after increased [...]
FirstGroup nears completion of £122m greyhound property portfolio sale December 16, 2022 Transport service provider FirstGroup has finalised the sale of all but two of its US legacy greyhound property portfolio to Twenty Lake Holdings in a £122m deal.
FirstGroup eyes long-term contract for Avanti following focus on improving timetables November 9, 2022 FirstGroup is working to deliver a long-term government contract for its hailed subsidiary Avanti as the group focuses on ensuring “acceptable” service levels to passengers. “Our complete focus in the second half will be on operational improvements and delivering acceptable passenger service levels,” chief executive Graham Sutherland told analysts this morning. Avanti made the headlines [...]
Hop on: Rail overtakes flights on busy London-Edinburgh route October 24, 2022 Rail has overtaken aviation as the preferred mode of transport to Scotland as one million people have chosen to travel from London to Edinburgh via electric train operator, Lumo. According to data released today, between April and August 57 per cent of the London-Edinburgh journeys were done by train – 22 per cent up on [...]