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    FirstGroup PLC

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    • Thursday, 8 June, 2023
      Lex
      FirstGroup: new controller drives improvement Premium content

      Bus travel recovery and public transport push to cut emissions aid bus and train operator’s bounceback

      The carriage of First Great Western train service, operated by FirstGroup
    • Thursday, 8 June, 2023
      FirstGroup shares rally on buoyant bus and rail boost results

      Bus and train operator’s adjusted profits more than double despite a key government rail contract loss

      A commuter passes a First Great Western train, operated by FirstGroup
    • Thursday, 11 May, 2023
      First TransPennine Express
      TransPennine Express stripped of contract after months of poor service

      UK train operator will move into government hands after one in six services were cancelled in March

      A TransPennine Express train at Leeds train station
    • Monday, 20 March, 2023
      Avanti West Coast
      UK rail operator Avanti West Coast granted 6-month contract extension

      Intercity group wins second temporary renewal as government hails ‘very significant’ improvement

      Avanti West Coast
    • Friday, 10 March, 2023
      FirstGroup raises full-year profit expectations as travel recovers

      UK transport company says bus passenger numbers rose to 83% of 2020 levels

      A hydrogen-powered double-decker FirstGroup bus
    • Thursday, 27 October, 2022
      Rail
      North of England mayors urge ministers to fix intercity rail service

      Passenger complaints against Transpennine Express double in last quarter triggering calls for urgent intervention

      A TransPennine Express train at Leeds station
    • Friday, 7 October, 2022
      Rail
      Avanti granted stop-gap extension to UK’s west coast rail franchise

      Troubled train operator angered passengers and politicians with slashed services

      An Avanti train
    • Friday, 2 September, 2022
      Rail
      Boss of rail operator to step down after chaos on UK’s West Coast line

      Avanti managing director Phil Whittingham will leave the company on September 15

      An Avanti West Coast train at Lime St station in Liverpool
    • Thursday, 9 June, 2022
      FirstGroup rejects £1.23bn offer from private equity bidder

      UK’s biggest train operator says proposal from I Squared Capital ‘significantly undervalues’ business

      Passengers disembarking from a Great Western train
    • Thursday, 26 May, 2022
      FirstGroup evaluates PE offer valuing shares at up to £1.23bn

      Aberdeen-based bus and train operator’s stock rises 8% after unsolicited bid from I Squared Capital

      A Great Western train at London’s Paddington station
    • Wednesday, 27 October, 2021
      City Bulletin
      FirstGroup squeezes out activist via a share sale Premium content

      Profits rise at Deutsche Bank and Santander while Microsoft and Google report revenue surge

    • Thursday, 21 October, 2021
      Transport
      Greyhound acquired by fast-growing German start-up

      FlixMobility agrees deal with FirstGroup as it seeks to be America’s number one coach travel provider

      Greyhound buses
    • Tuesday, 27 July, 2021
      Helen Thomas
      First’s new boss will face challenges closer to home

      Activist investor Coast had called for change of CEO as bus and train company focuses on UK

      US school buses
    • Tuesday, 27 July, 2021
      FirstGroup chief to step down after battle with activist investor

      Matthew Gregory to depart after Coast Capital’s objections to sale of company’s US bus businesses and call for new leadership

      American yellow school buses
    • Thursday, 27 May, 2021
      FirstGroup survives rebellion as investors back US bus sale

      Largest shareholders said £3.3bn disposal to private equity undervalued business

    • Monday, 24 May, 2021
      Lex
      FirstGroup/Coast: activist should not brake US bus sale Premium content

      Timing is more important than Coast admits

      A FirstGroup school bus
    • Sunday, 23 May, 2021
      FirstGroup’s biggest shareholder escalates attack on board

      Coast Capital threatens legal action over sale of transport operator’s US bus business

      Buses owned by First Group’s US operations parked in San Francisco, California
    • Wednesday, 12 May, 2021
      FirstGroup’s biggest shareholder attacks company for bungling US sale

      Coast Capital said transport operator’s deal undervalued bus business and ‘stinks to the heavens’

      FirstGroup’s buses
    • Friday, 23 April, 2021
      Lex
      FirstGroup: US disposals are the start of a long journey Premium content

      Shareholders need to keep a tight grip on this ride; dividends remain a distant prospect

    • Friday, 23 April, 2021
      FirstGroup sells US bus operations to EQT for £3.3bn

      Swedish private equity fund to run thousands of yellow school buses

      First Student has a fleet of 42,000 buses
    • Thursday, 10 December, 2020
      Losses narrow at FirstGroup as demand in US rises

      British transport company remains in talks to sell North American business to pay down debt

    • Monday, 16 November, 2020
      LexCoronavirus
      Debt covenants: surfing the waivers Premium content

      Vulnerable companies should not expect a return to business as usual

    • Tuesday, 15 September, 2020
      FirstGroup predicts swing back into profit

      Forecast comes as passengers slowly return and state support bolsters the business

    • Wednesday, 19 August, 2020
      LexNational Express Group PLC
      UK transport: blunder buses Premium content

      Britain’s four biggest bus groups are losing value as fast as they are losing customers

      Government support will not last forever, and there is no certainty on post-coronavirus revenues
    • Wednesday, 8 July, 2020
      FirstGroup warns of ‘material uncertainty’ over continuing as going concern

      Rail and bus company struggles from lack of clarity over state support as it worries over pace of recovery in transport sector

      FirstGroup posted a £300m pre-tax loss in the year to March 31
    Previous page You are on page 1 Next page

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