A trading statement earlier this month from transport operator FirstGroup (FGP) provided investors with a taste of what to expect when its half-year figures appear on Wednesday (5 November). Specifically, the UK rail operation is growing passenger volumes and progress is being made with the transformation of the bus operations.
But that positive news was overshadowed by the loss of the ScotRail franchise to Dutch group Abellio. That leaves an update on FirstGroup's bid for the East Coast franchise - which will be awarded later this year - looking all the more important.
Investec Securities expects EPS for 2015 of 8.4p.
IC TIP:
Hold
at
111p
