Bus investment is winning over our council critics, says First

27 November 2015
 

FirstGroup is winning over local authority critics of its bus services and is on target to hit double digit margins in its UK bus business despite tough operating conditions, chief executive Tim O’Toole has told analysts. 

Reporting on the UK Bus division’s half-year results to end of September 2015, O’Toole said: “We have faced the kind of mixed market conditions that other operators have already reported on, specifically growth in commercial passengers, but it is...

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