FirstGroup Reports Strong Financial Performance and Strategic Growth

Firstgroup ( (GB:FGP) ) just unveiled an update.

FirstGroup plc has reported strong financial performance for the fiscal year ending March 2025, with revenue growth in both its First Bus and First Rail divisions. The introduction of a new fare structure and the acquisition of RATP London have bolstered First Bus’s revenue, while First Rail has exceeded expectations due to higher variable fees and successful open access operations. The company’s financial guidance indicates adjusted operating profit and earnings per share will surpass previous expectations, and it maintains a strong balance sheet with lower net debt than anticipated.

Spark’s Take on GB:FGP Stock

According to Spark, TipRanks’ AI Analyst, GB:FGP is a Neutral.

FirstGroup’s overall stock score reflects mixed financial performance with challenges in profitability and leverage, countered by positive cash flows. The stock’s technical indicators show bearish momentum, but its attractive valuation metrics, including a low P/E ratio and decent dividend yield, provide a buffer. Recent corporate actions, such as the share buyback and strategic acquisitions, further enhance the outlook, despite not directly impacting the score calculation due to weight redistribution.

To see Spark’s full report on GB:FGP stock, click here.

More about Firstgroup

FirstGroup plc is a leading private sector provider of public transport services in the UK, with a revenue of £4.7 billion and around 30,000 employees. The company operates two main divisions: First Bus, one of the largest bus operators in the UK, and First Rail, a major rail operator. FirstGroup is committed to sustainability, aiming for a zero-emission bus fleet by 2035 and supporting the removal of diesel-only trains by 2040.

YTD Price Performance: -3.05%

Average Trading Volume: 1,582,649

Technical Sentiment Signal: Hold

Current Market Cap: £888.9M

For detailed information about FGP stock, go to TipRanks’ Stock Analysis page.