7th Apr 2016 06:24
LONDON (Alliance News) - Transport operator FirstGroup PLC on Thursday said it will cut the frequency of its trading updates as it said its fourth quarter results met expectations.
FirstGroup said it will decrease the number of trading updates its issues per financial year to four from six previously, starting with the year to the end of March 2017. It will continue to provide trading updates at the end of its first and third quarters, together with interim and full-year results, but will no longer provide trading updates for the second and fourth quarters to end September and March, respectively.
The group said trading in the fourth quarter to the end of March was in line with its expectation, and there have been no significant developments since its last update at the end of January.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Firstgroup