FirstGroup plc (FGROY) Q4 2026 Earnings Call Transcript
FirstGroup PLC (LSE:FGP) shares strengthened, rising 7.7%, changing hands at 188p, after announcing it will launch a new £100 million share buyback after higher revenue, improved earnings per share and strong cash generation underpinned another year of shareholder returns. The UK transport group reported adjusted revenue of £1.72 billion for the 52 weeks to 28 March 2026, up 25% from £1.37 billion a year earlier.
FirstGroup PLC (LSE:FGP) can continue to grow despite the UK government's rail nationalisation plans, according to analysts at house broker Panmure Liberum, who said the transport group was replacing lower-quality rail contract earnings with more sustainable sources of profit. Reiterating its 'buy' rating and 260p target price, the broker argued that the market was overlooking the strength of FirstGroup's bus and open access rail businesses.
| Ground Transportation Industry | Industrials Sector | Graham F. Sutherland CEO | OTC PINK Exchange | 33765M107 CUSIP |
| GB Country | 30,000 Employees | 28 Nov 2025 Last Dividend | - Last Split | - IPO Date |
FirstGroup plc, established in 1986 and headquartered in London, United Kingdom, stands as a primary provider of public transport services. This conglomerate focuses on delivering comprehensive transit solutions across the UK through its First Bus and First Rail segments. By offering a wide range of transportation options, FirstGroup plc underscores its commitment to facilitating mobility and enhancing the public transport experience for millions of passengers annually.
FirstGroup plc's operations are segmented into First Bus and First Rail, each providing distinct services: