Category Archives: Business

Franchise losses depresses FirstGroup results

FirstGroup results for the six months ended 30 September 2015 were in line with management expectations, says chief executive, Tim O’ Toole. Results were depressed compared to H1 2014, partly due to the termination of the First Capital Connect (FCC) and First ScotRail (FSR) passenger franchises (in September 2014 and March 2015 respectively). Continue reading Franchise losses depresses FirstGroup results