logo
  

FirstGroup Plc: Current Trading In Line With Management's Expectations - Quick Facts

FirstGroup Plc (FGROY.PK,FGROF.PK,FGP.L) said, overall current trading for the continuing Group is in line with management's expectations as set out in its half-yearly results announcement of 9 December 2021. First Bus volumes have improved to more than 70% of pre-pandemic levels overall - and to around 75% in the Group's operations in England. First Rail management fee-based operations are delivering performance metrics in line with the Group's expectations.

The Group noted that it is ahead of plan to realise the previously guided approximately $155 million in net value from the legacy Greyhound assets and liabilities during fiscal 2023 and beyond.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The Federal Communications Commission or FCC has granted SpaceX Services, Inc. authorization to use its Starlink satellite internet system on vehicles in motion. SpaceX, owned by Elon Musk, is allowed to operate consumer and enterprise Ku-band Earth Stations in Motion or ESIM using frequencies allocated to the fixed satellite service. The approval would help the company to expand its services to Loud Muscle Science, LLC is recalling certain Launch Sequence products in the United States and Canada citing the presence of undeclared Tadalafil, the U.S. Food and Drug Administration said. These tainted Launch Sequence Capsule products are marketed as dietary supplements for male sexual enhancement. The U.S. Food and Drug Administration announced the intended availability of around 17 million bottles equivalent of general infant formula to be imported from New Zealand and Ireland. Under the FDA's enforcement discretion to source more infant formula to the U.S., French food company Danone SA will send 555,000 cans Aptamil Gold Plus from New Zealand.
Follow RTT