FirstGroup remains on track despite strikes

The rail and bus group is running at full clip, handing back cash and chipping away at costs

November 23, 2023

Train and bus operator ups dividend by two-thirds
Open access rail model proving profitable

Investors are well and truly on board the FirstGroup (FGP) train. And bus.

The public transport specialist upgraded its operating profit guidance last month and has now reported a 70 per cent higher adjusted operating profit for the six months to 30 September, at £98mn. Its share price is up two-thirds this year.

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