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IN BRIEF: FirstGroup swings to interim profit; eyes dividend payments

9th Dec 2021 19:20

FirstGroup PLC - Aberdeen, Scotland-based transport company - Reports improved earnings for first half ended September 25. Including discontinued operations, revenue increases 0.3% year-on-year to GBP3.11 billion, while it swings to pretax profit of GBP516.5 million from GBP100.1 million loss. Intends to commence regular dividends "within next 12 months". Says no change to annual expectations, despite uncertainty surrounding Covid-19.

Current stock price: 95.90 pence

Year-to-date change: up 30%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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