Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

FirstGroup Loss Narrows As UK Rail Continues To Do Well

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

Copyright © 2013 Alliance News Limited. All Rights Reserved.


Related Shares:

Firstgroup
FTSE 100 Latest
Value8,432.86
Change104.26