FirstGroup is reviewing its UK bus operations and has not ruled out further disposals as it battles against tough market conditions, including the impact of higher foreign exchange costs on fuel.
Presenting financial analysts with the results for the first six months of the year to 30 September, chief finance officer Matthew Gregory said First Bus revenue was down 2.9% on the corresponding period of 2015, though this was partly because it has closed some parts of the business (for...
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