Thursday, November 23, 2023

FirstGroup Plc H1 Adj. Operating Profit From Cont. Ops. Rises

FirstGroup plc (FGROY.PK, FGROF.PK, FGP.L) posted a first half statutory loss before tax on continuing basis of 68.5 million pounds compared to profit of 37.0 million pounds, last year. Loss per share from continuing operations was 7.9 pence compared to profit of 3.9 pence. Adjusted operating profit from continuing operations was 100.6 million pounds compared to 66.1 million pounds, last year, reflecting strong demand in the First Rail open access operations, and higher than anticipated variable fee payments due to the division's management fee-based contracts for fiscal 2023 having now been agreed with the Department for Transport. Adjusted continuing EPS was 7.8 pence compared to 4.5 pence.

from RTT - Earnings https://ift.tt/lryf8xs
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