6th Nov 2013 08:11
LONDON (Alliance News) - Rail and bus operator FirstGroup PLC reported higher revenues and narrowed losses for the first half of the year, as growth in its UK rail unit offset further weakness in its UK bus operations and Greyhound buses in the US.
The company reported a pretax loss of GBP8 million for the six months to end-September, compared with a loss of GBP20.6 million a year earlier. Revenues rose 1.6% to GBP3.30 billion, from GBP3.25 billion.
FirstGroup shares last traded at 12.75 pence.
By Steve McGrath; [email protected]; @SteveMcGrath1
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