Rail workers' union accepts offer from train operators
24th Feb 2023 14:37
(Sharecast News) - Relief from months of railway strikes and industrial action looked to be on the horizon on Friday, as members of the TSSA union accepted offers from train operators.
Read moreFirstGroup South Western rail franchise extended for two years
10th Feb 2023 07:04
(Sharecast News) - FirstGroup said it had been granted a two-year extension for its South Western Railway franchise, by the UK government.
Read moreFirstGroup to buy Essex-based bus Group Ensignbus
8th Feb 2023 07:29
(Sharecast News) - Transport operator FirstGroup has agreed to buy Essex-based bus company Ensignbus for an undisclosed sum.
Read moreTrain drivers to stage another strike in January
20th Dec 2022 11:46
(Sharecast News) - Train drivers announced another one-day strike on Tuesday, set down for 5 January, after members at 15 train operators voted for more walk-outs in a long-running dispute over pay.
Read moreFirstGroup launches 75m share buyback
16th Dec 2022 13:36
(Sharecast News) - Transport operator FirstGroup has completed the sale of all but two of its remaining Greyhound US properties and will now launch a buyback of up to 75m shares to return some of the proceeds to investors.
Read moreDirector dealings: FirstGroup CEO makes £75k investment
10th Nov 2022 15:26
(Sharecast News) - Passenger transport operator FirstGroup disclosed a share purchase made by its chief executive officer on Thursday, worth almost £75k.
Read moreFirstGroup reports sharp drop in 1H revenues as debt leaps higher
9th Nov 2022 08:04
(Sharecast News) - First Group posted a sharp drop in revenues and profitability for the half alongside a similarly deterioration in its debt metrics.
Read moreLiberum cuts FirstGroup price target on Transit earnout disappointment
27th Oct 2022 12:35
(Sharecast News) - Liberum cut its price target on FirstGroup on Thursday to 165p from 180p as it said the earnout from the sale of First Transit fell "well short" of its "admittedly bullish" assumption.
Read moreFirstGroup to receive roughly $85m from First Transit earnout consideration
26th Oct 2022 08:05
(Sharecast News) - Transport operator FirstGroup said on Wednesday that it was set to receive roughly $85.0m from an earnout consideration linked to the sale of First Transit.
Read moreFirstGroup agrees extension on Avanti WCP until March 2023
7th Oct 2022 07:39
(Sharecast News) - Transport operator FirstGroup has been told its struggling Avanti West Coast operation must "drastically" improve services after being awarded a six-month extension to its contract by the UK government.
Read moreFirstGroup to sell all but two of remaining Greyhouse properties for $140m
20th Sep 2022 07:39
(Sharecast News) - Transport operator FirstGroup said on Tuesday that it has agreed the sale of all but two of its remaining Greyhouse US properties to Twenty Lake Management, an affiliate of Twenty Lake Holdings, for around $140m.
Read moreFirst Group falls after I Squared says it will not table a firm offer
16th Aug 2022 16:10
(Sharecast News) - First Group shares came under strong selling pressure after its private equity suitor had pulled out from its bid.
Read moreBerenberg slightly raises target price on Firstgroup
9th Aug 2022 10:13
(Sharecast News) - Analysts at Berenberg slightly raised their target price on public transport operator Firstgroup from 150.0p to 160.0p on Tuesday, stating the group was "worth stumping up for".
Read moreFirstGroup trades in line YTD
27th Jul 2022 08:12
(Sharecast News) - Public transport services operator FirstGroup said on Wednesday that its overall year-to-date trading performance had been in line with internal expectations, with the group now expecting to make "significant further progress" in the current financial year.
Read moreTakeover Panel extends deadline for I Squared to make bid until 18 August
21st Jul 2022 17:26
(Sharecast News) - The Takeover Panel has granted FirstGroup an extension of the deadline for I Squared to declare its firm intent to table a takeover bid or walk away.
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