FirstGroup profit doubles to £71.3m in first half
Aberdeen-headquartered transport giant FirstGroup plc said its first-half adjusted profit before tax more than doubled to £71.3 million in the 27 weeks to September 30,…
Aberdeen-headquartered transport giant FirstGroup plc said its first-half adjusted profit before tax more than doubled to £71.3 million in the 27 weeks to September 30,…
Shares of Aberdeen-headquartered transport giant FirstGroup plc rose about 4% after it published an update on trading for the 27 weeks to September 30, 2023. On…
Aberdeen-based FirstGroup plc announced that a new nine-year National Rail Contract (NRC) has been agreed with the UK’s Department for Transport (DfT) for the West…
Shares of Aberdeen-headquartered transport firm FirstGroup plc rose about 15% on Thursday after it beat annual profit forecasts as its bus passenger numbers were helped by…
Aberdeen-based transport group FirstGroup and infrastructure fund I Squared are considering competing bids for parts of Deutsche Bahn’s international transport business Arriva, according to a Reuters…
Aberdeen-headquartered transport firm FirstGroup plc said it has agreed with the UK Department for Transport (DfT) to extend the current arrangements for the West Coast…
Aberdeen-headquartered transport giant FirstGroup plc said recent First Bus passenger volumes have increased to 83% of 2020 equivalent levels, with commercial and concessionary volumes at…
Aberdeen-headquartered transport giant FirstGroup plc announced that it has committed an additional investment of £35 million to the electrification of its bus fleet and infrastructure….
Aberdeen-based transport group FirstGroup plc announced that the UK Department for Transport (DfT) has exercised its option to continue the current contractual arrangements for the…
Aberdeen-based transport giant FirstGroup plc has announced an agreement to purchase Essex-based Ensign Bus Company Limited. FirstGroup shares rose about 5%. “The acquisition of the Ensignbus…
Aberdeen-based transport giant FirstGroup plc announced it has completed the sale of all but two of its remaining Greyhound US properties to an affiliate of Twenty Lake…
Shares of Aberdeen-based transport giant FirstGroup fell about 9% after it reported its statutory pretax profit plunged to £8.7 million from £516.5 million in the six…
Aberdeen-based bus and rail giant FirstGroup plc announced it will be entitled to an earnout consideration of around $85 million as EQT Infrastructure has agreed…
By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc announced the sale by its subsidiary FirstGroup Services, Inc. of all but two of its remaining Greyhound…
FirstGroup announced that First Bus has agreed to sell its First Scotland East business and all its routes in the area to McGill’s Group. The…
Shares of Aberdeen-based bus and rail giant FirstGroup plc fell about 11% to around £1.15 on Tuesday after infrastructure private equity group I Squared Capital Advisors…
Aberdeen-based bus and rail giant FirstGroup said on Thursday the Takeover Panel has granted it a further extension — to August 18 — to allow discussions…
Aberdeen-based bus and rail giant FirstGroup said on Thursday the Takeover Panel has granted it a four-week extension to allow discussions to continue with US private…
Aberdeen-based bus and rail giant FirstGroup said on Tuesday it signed an extension of its contract to operate Great Western Railway (GWR) — as it announced…
Aberdeen-based bus and rail giant FirstGroup said on Thursday its board has unanimously rejected a £1.23 billion cash and shares takeover approach from US private…
The biggest shareholder of Aberdeen-based bus and rail giant FirstGroup has urged it to reject the recent £1.2 billion takeover approach from private equity group…
Aberdeen-based bus and rail giant FirstGroup plc announced it has received a series of unsolicited, conditional proposals from private equity group I Squared Capital Advisors (UK)…
Aberdeen-based bus and rail giant FirstGroup plc announced that Graham Sutherland has been appointed as chief executive officer with effect from May 16. Sutherland is…
Shares of Aberdeen-based bus and rail giant FirstGroup fell about 6% on Thursday after it warned about the “uncertainty around the pace of recovery in…
Aberdeen-based transport firm FirstGroup plc has launched its proposed return of up to £500 million to its shareholders via a tender offer at 105p per…
By Mark McSherry Aberdeen-based transport group FirstGroup plc said on Thursday it sold its Greyhound Lines bus business in North America for $172 million to…
Aberdeen-based transport group FirstGroup plc announced that its subsidiary First South West Limited has acquired the remaining 50% shareholding in its Somerset Passenger Solutions Ltd…
Aberdeen-based transport group FirstGroup plc announced that its Greyhound bus subsidiary has been awarded an initial funding grant of $84.6 million from the first tranche…
Embattled Aberdeen-based bus and rail giant FirstGroup plc — currently searching for a new chief executive — said on Monday it plans to return £500 million…
Embattled Aberdeen-based bus and rail giant FirstGroup plc said on Tuesday it has signed a new £300 million sustainability-linked revolving credit facility (RCF) with a group…
Embattled Aberdeen-based bus and rail giant FirstGroup plc said on Thursday that non-executive directors Martha Poulter and Steve Gunning have notified the group they will not…
By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc said on Tuesday that CEO Matthew Gregory will step down at the company’s AGM on…
FirstGroup’s biggest shareholder Coast Capital LLC has again demanded the resignation of the Aberdeen-based bus and rail giant ‘s chief executive following the £3.3 billion…
By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc said on Thursday it has increased its proposed return of value to shareholders to £500…
Perth-based Stagecoach and Aberdeen-based FirstGroup both welcomed the UK Government’s announcement on Tuesday of extended funding to support the recovery of bus services in England. The…
By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc said on Thursday the resolution to approve the £3.3 billion sale of its North American businesses First Student…
Aberdeen-based bus and rail giant FirstGroup plc has announced the agreement of National Rail Contracts (NRCs) with the UK Department for Transport (DfT) for its…
Aberdeen-based bus and rail giant FirstGroup plc has become embroiled in a public dispute with its biggest shareholder Coast Capital LLC over the proposed £3.3 billion…
By Mark McSherry Aberdeen-based bus and rail giant FirstGroup plc said on Friday it agreed to sell North American businesses First Student and First Transit to…
Aberdeen-based bus and rail giant FirstGroup plc said on Thursday it made three property disposals for $137 million as part of its programme to rationalise Greyhound’s…
Shares of Aberdeen-based bus and rail giant FirstGroup plc fell about 4% on Thursday after it said its reported revenue fell £430.3 million to £3.1…
Shares of Aberdeen-based bus and rail giant FirstGroup plc rose 15% on Monday amid news that it secured “enhanced financial flexibility from its lenders” and…
Shares of Aberdeen-based rail and bus giant FirstGroup plc fell as much as 15% on Monday after it published details of the UK Department for…
By Mark McSherry Shares of Aberdeen-based bus and rail giant FirstGroup plc rose about 5% on Tuesday after it published an AGM trading update showing…
Shares of Aberdeen-based bus and rail giant FirstGroup plc soared 26% on Monday following newspaper reports that Brookfield Asset Management, Apollo Global Management and KKR are…
Shares of Aberdeen-based bus and rail giant FirstGroup plc fell as much as 7% on Tuesday amid a stock exchange statement from the firm saying…
Shares of Aberdeen-based bus and rail giant FirstGroup plc rose about 6% on Monday as it welcomed the extension of funding from the UK Department for…
Shares of Aberdeen-based bus and rail giant FirstGroup plc fell about 23% on Wednesday after it published annual results showing a £300 million loss before…
Shares of Aberdeen-based bus and rail giant FirstGroup plc rose 5% on Thursday after it welcomed further funding from the UK’s Department for Transport (DfT)…
Aberdeen-based bus and rail giant FirstGroup plc on Friday provided shareholders with further updates on its response to the Covid-19 pandemic. FirstGroup said its liquidity has…
Aberdeen-based bus and rail giant FirstGroup plc said on Monday it has signed a “Direct Award” with the UK’s Department for Transport (DfT) to continue operating Great Western…
Aberdeen-based bus and rail giant FirstGroup plc said on Monday it is “no longer able to provide guidance on the outturn for the remainder of the financial…
By Mark McSherry Aberdeen-based global bus and rail giant FirstGroup plc said on Wednesday it has started a formal process to sell its North American contract…
Aberdeen-based global bus and rail giant FirstGroup plc has come under renewed attack from activist hedge fund Coast Capital which wants the group to demerge…
UPDATE 3 — Aberdeen-based global bus and rail giant FirstGroup plc, under pressure from activist investors, said on Monday it appointed advisors to “formally explore…
Aberdeen-based global bus and rail giant FirstGroup plc has come under new pressure from two of its shareholders to sell more of its US assets…
UPDATE 3 — Shares of Aberdeen-based transport giant FirstGroup fell about 20% on Thursday after it reported an increased first-half loss amid a £124 million…
The UK’s Competition and Markets Authority said on Friday it is investigating the award of the West Coast Partnership rail franchise to Aberdeen-based FirstGroup and Italy’s…
Aberdeen-based transport giant FirstGroup is considering potential options for the separation of its UK First Bus business, a company spokesman told Reuters. The Sunday Telegraph…
The chief executive of Newcastle-based bus and rail giant Go-Ahead Group has signalled potential interest in Aberdeen-based FirstGroup’s under-review UK bus division. Speaking to the…
Aberdeen-based international bus and rail giant FirstGroup plc said on Thursday it appointed former Arriva CEO David Martin as its chairman with immediate effect. Martin had…
Aberdeen-based bus and rail giant FirstGroup plc said on Wednesday its First Trenitalia partnership has been awarded the contract to operate the lucrative train services on…
Aberdeen-based international bus and rail giant FirstGroup plc said on Tuesday its shareholders rejected proposals from New York activist hedge fund Coast Capital Management to…
By Mark McSherry Aberdeen-based international bus and rail giant FirstGroup said on Tuesday it has granted activist shareholder Coast Capital Management the extraordinary general meeting…
UPDATE 4 — Shares of Aberdeen-based international bus and rail giant FirstGroup rose on Thursday after it said it will sell its Dallas-based Greyhound bus business…
UPDATE 2 — Aberdeen-based bus and rail giant FirstGroup said major shareholder Coast Capital, which holds 9.77% of FirstGroup, called for a general meeting and…
Shares of Aberdeen-based bus and rail giant FirstGroup plc have soared about 20% in the past month amid big changes on the firm’s board and…
UPDATE 3 – Shares of Aberdeen-based bus and rail giant FirstGroup plc rose 11% on Tuesday after it appointed its chief financial officer Matthew Gregory…
Shares of Aberdeen-based bus and rail giant FirstGroup plc rose on Tuesday after it said it is “examining all appropriate means to mobilise the considerable…
Aberdeen-based bus and rail giant FirstGroup plc has announced the details of departing CEO Tim O’Toole’s “agreed termination arrangements” and the temporary remuneration increases for interim…