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FirstGroup plc Reports Strong Half-Year Earnings Growth

FirstGroup plc Reports Strong Half-Year Earnings Growth

FirstGroup plc Unsponsored ADR ( (FGROY) ) has released its Q2 earnings. Here is a breakdown of the information FirstGroup plc Unsponsored ADR presented to its investors.

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FirstGroup plc, a leading provider of public transport services in the UK, operates in the bus and rail sectors, focusing on electrification and sustainable transport solutions.

In its half-yearly report for the 26 weeks ending 27 September 2025, FirstGroup plc announced a positive earnings trajectory with a 30% increase in adjusted revenue to £833.6 million, driven by growth in bus revenues and rail services. The company is on track to deliver modest growth in adjusted earnings per share for the full year, aided by business restructuring and strategic acquisitions.

Key financial highlights include a group adjusted operating profit of £103.6 million, a 16% increase in adjusted EPS to 9.9p, and a return of £76 million to shareholders. The company invested approximately £105 million in electrification efforts, with a focus on zero-emission buses, and completed a £50 million share buyback program. First Bus London contributed significantly to revenue growth, while First Rail reported increased open access passenger journeys and revenue.

Looking ahead, FirstGroup anticipates continued growth in adjusted EPS and plans to maintain a strong balance sheet while pursuing strategic growth opportunities in the UK bus and rail markets. The company remains committed to its decarbonization goals and aims to leverage its asset base for sustainable growth.

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