Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

FirstGroup PLC Add to portfolio

LON250:FGP, Jun 05, 04:23 UTC

Latest LON250:FGP News

Filter your feed

Apply Filter

Wednesday, March 11


News

FirstGroup to sell North American units, not seeing coronavirus impact

FGP TRI

FirstGroup to sell North American units, not seeing coronavirus impact | NASDAQ. LONDON, March 11 (Reuters) - British bus and rail company FirstGroup FGP.L announced plans to sell its two North American-based bus units, as it said it had not seen a significant impact from coronavirus on demand for travel so far. The company said a formal sale process for the North American units, which run yellow school bus services and bus contracts in the U.S. and Canada, was underway and there was significant interest expressed by potential buyers. The company said demand for those services had not been affected by coronavirus so far, adding it was "monitoring the situation closely while planning for a range of scenarios including changes to current government guidance or policy". For its 2020 full-year, the company said it was on track to meet its expectations for operating profit.

Read Full Details

Topics:
  • Business
  • Health
  • Financial
News

FirstGroup to sell North American units, not seeing coronavirus impact

FGP TRI

FirstGroup to sell North American units, not seeing coronavirus impact | NASDAQ. LONDON, March 11 (Reuters) - British bus and rail company FirstGroup FGP.L announced plans to sell-off its North American-based bus businesses, as it said it had not seen a significant impact from coronavirus on demand for travel so far. The company said a formal sale process for the North American units, which run yellow school bus services and bus contracts for companies, had started and there had been significant interest expressed by potential buyers. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.Learn More.

Read Full Details

Story Sources

nasdaq.com nasdaq.com
Topics:
  • Business
  • Financial

Monday, February 10


News

FirstGroup plc 29.6% Potential Upside Indicated by Goldman Sachs

FGP GS

FirstGroup plc with EPIC/TICKER (LON:FGP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. This indicates the analyst now believes there is a potential upside of 29.6% from today’s opening price of 119.6 GBX. The 1 year high for the stock price is 138.8 GBX while the year low stock price is currently 87.45 GBX. FirstGroup plc has a 50 day moving average of 124.81 GBX and a 200 day moving average of 121.09.

Read Full Details

Topics:
  • Business
  • Financial

Monday, December 16


News

FirstGroup mulling options for U.S. assets

FGP TRI

Dec 16 (Reuters) - FirstGroup Plc FGP.L said on Monday it was exploring options, including a potential sale, for its North American contract businesses, which could result in the British bus and train operator exiting the United States. The announcement comes less than a month after FirstGroup said it would focus on its core U.S. contracting businesses, which include the First Student school bus service and First Transit transportation service, leading to calls from two top shareholders to sell those assets instead. Coast Capital Management and Robert Tchenguiz had separately asserted that Aberdeen-based FirstGroup's U.S. assets had no synergies with its operations at home, which include a bus and rail division. The company, which last month reported a bigger first-half loss, has already put its iconic North American intercity bus service Greyhound up for sale this year, due to competition from low-cost airlines and a drop in demand.

Read Full Details

Topics:
  • Business
  • Financial

Monday, November 18


News

FirstGroup gets second shareholder call to sell U.S. assets

FGP

FirstGroup gets second shareholder call to sell U.S. assets. 18 November 2019, 15:30 UTC. (Reuters) - FirstGroup Plc's <FGP.L> second-biggest shareholder on Monday urged the company to sell its U.S. operations, saying there were no synergies between the British bus and train operator's assets in the UK and the United States. The statement from Coast Capital, which owns more than 10% of FirstGroup, comes directly after fellow shareholder and property baron Robert Tchenguiz echoed the same comments about the Aberdeen-based company. What to read next.

Read Full Details

Topics:
  • Business
  • Financial
  • Entertainment
  • Science
News

UPDATE 1-Property baron Robert Tchenguiz urges FirstGroup to sell U.S. transit services

FGP TRI

UPDATE 1-Property baron Robert Tchenguiz urges FirstGroup to sell U.S. transit services. Nov 18 (Reuters) - FirstGroup Plc's largest individual shareholder on Monday urged the company to sell all of its operations in the United States, and asked for more clarity about strategic plans as the British bus and train operator works to sell its U.S. intercity service Greyhound. Iranian-born property baron Robert Tchenguiz, who holds a 4.7% economic interest in FirstGroup, said https://www.rns-pdf.londonstockexchange.com/rns/7352T_1-2019-11-18.pdf he would seek a shareholder meeting as soon as "practically" possible and urged FirstGroup Chair David Martin to conduct a strategic review. London-listed FirstGroup in response said its First Student school bus service and First Transit service in North America were "valuable assets and well positioned ... with profitable growth."

Read Full Details

Topics:
  • Business
  • Financial
News

FirstGroup stakeholder urges bus operator to sell U.S. operations

FGP

FirstGroup stakeholder urges bus operator to sell U.S. operations. (Reuters) - FirstGroup Plc's <FGP.L> largest individual shareholder has urged the British train and bus operator to sell its U.S. operations and make its plans clear around separating core businesses. Robert Tchenguiz, who holds an economic interest of 4.7% in London-listed FirstGroup, said he would seek a shareholder meeting as soon as possible. The Aberdeen-based company said on Thursday it was in talks with bidders for its U.S. intercity service Greyhound.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

UPDATE 2-Major FirstGroup shareholders call for U.S. asset sale

FGP

Nov 18 (Reuters) - Two major FirstGroup shareholders on Monday called for the British bus and train operator to sell its U.S. assets as part of a portfolio overhaul which already includes the planned sale of North American intercity bus service Greyhound. Coast Capital Management and Robert Tchenguiz separately asked Aberdeen-based FirstGroup, which is also assessing options to separate its British bus division, for more clarity on its plans. Coast Capital, which is FirstGroup's second-biggest shareholder with a more than 10% stake, joined Iranian-born property investor Tchenguiz in calling for it to sell the U.S. assets, saying there were no synergies with its British ones. "A sale of the U.S. assets would not only release meaningful value for shareholders, but would also allow these businesses and their invaluable employees and managers to thrive under a well-capitalized owner," Coast Capital said.

Read Full Details

Topics:
  • Business
  • Financial

Friday, November 15


News

Director Deals - FirstGroup PLC (FGP), 15 Nov 2019 16:50

FGP

15 November 2019, 16:50. Ryan Mangold, Executive Director, bought 5,373 shares in the company on the 15th November 2019 at a price of 110.68p. The Director now holds 187,007 shares. Director deals data provided by www.sharesmagazine.co.uk. Related Charts. FirstGroup (FGP)delayed 17:30PM.

Read Full Details

Topics:
  • Business
  • Financial
News

FTSE 250 movers: FirstGroup steams ahead, Qinetiq falls

FGP QQ

(Sharecast News) - London's FTSE 250 was up by 0.33% at 20,299.19 in afternoon trade on Friday, with FirstGroup leading the index higher.The transport operator was on the rise after the Competition & Markets Authority said there were reasonable grounds to believe the undertakings it had offered in relation to the award of the West Coast partnership rail franchise might be accepted.Private healthcare group Mediclinic rose for a second successive session after it reported a rise in first-half earnings amid revenue growth in all three divisions.888 Holdings climbed after defending the reappointment of Brian Mattingley as non-executive chairman after 21% of its shareholders voted against his re-election back in May, while Diploma was in the green ahead of the release of its final results on Monday.Down at the other end of the index, Qinetiq dropped back, having racked up gains during the previous session when it reported an increase in first-half profit and revenue as orders grew.Finally, Talktalk fell after delaying the sale of its ultrafast broadband network to CityFibre Holdings until after December's general election, though the company also backed its full year guidance.Market MoversFTSE 250 (MCX) 20,299.19 0.33%FTSE 250 - RisersFirstGroup (FGP) 111.10p 5.41%Mediclinic International (MDC) 395.00p 4.77%Spirent Communications (SPT) 217.50p 4.57%888 Holdings (888) 164.20p 2.82%Sirius Minerals (SXX) 3.33p 2.40%FDM Group (Holdings) (FDM) 804.00p 2.29%Vesuvius (VSVS) 417.20p 2.25%Diploma (DPLM) 1,692.00p 2.17%Barr (A.G.) (BAG) 573.00p 2.14%Inchcape (INCH) 650.50p 2.12%FTSE 250 - FallersPureTech Health (PRTC) 220.00p -9.09%QinetiQ Group (QQ.) 338.80p -3.64%TalkTalk Telecom Group (TALK) 105.20p -3.13%Virgin Money UK (VMUK) 137.45p -2.90%Tullow Oil (TLW) 143.00p -2.89%Restaurant Group (RTN) 139.60p -2.79%Hastings Group Holdings (HSTG) 171.00p -2.45%Dechra Pharmaceuticals (DPH) 2,718.00p -2.23%TBC Bank Group (TBCG) 1,324.00p -2.07%Watches of Switzerland Group (WOSG) 285.50p -2.06%. (Sharecast News) - London's FTSE 250 was higher by 0.60% at 20,826.58 in afternoon trade on Tuesday, with Pets at Home leading the charge.

Read Full Details

Topics:
  • Business
  • Financial