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Aberdeen-based public transport provider FirstGroup PLC announced that its overall trading performance for the financial year to date aligns with expectations previously outlined in June.
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Aberdeen-based transport giant FirstGroup has reported strong financial performance in FY 2023 with profits more than doubling to £82.1 million, exceeding expectations.
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Burges Salmon has advised First Bus, a division of transport group FirstGroup plc, on the acquisition of Essex bus company Ensign Bus Company Limited (Ensignbus). Via its bus division, Aberdeen-headquartered FirstGroup is the second largest regional bus operator in the UK, serving two-thirds of the
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First Group has revealed a statutory operating profit of £62.1 milllion, up from £52.2m, in its H1 results for the six months ending 24 September 2022 Earlier this year the group sold off its East Scotland division to McGill's Buses.
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Matthew Gregory, the chief executive of bus and rail firm FirstGroup has announced that he will step down from the role in September this year, The news arrives amid mounting investor criticism over the sale of two North American businesses completed earlier this year.
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