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FirstGroup reports bus margins growth

BUSES

05 March 2018
 

FirstGroup has reported improved performance in its UK bus business but identified Essex, Greater Manchester and the East of Scotland as areas of continuing poor performance.

In a trading update for the period September 2017 to 20 January 2018, Matthew Gregory, FirstGroup’s chief financial officer, reported like-for-like passenger revenues of the UK?bus business had risen 1.4 per cent.

“We continued to focus on optimising our networks, fares, and costs, reducing mileage by 0.7%...

+73% more

 

 
 
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