First reports positive financial year
Strong underlying First Bus performance is one of the main factors behind First Group‘s rise in adjusted revenue of £1,370m (FY 2024: £1,279.6m) for the financial year ending 29 March 2025. Group adjusted operating profit increased to £222.8m (FY 2024: £204.3m), driven by First Bus rising £12.4m to £96.0m and First Rail up £5.5m to £148.8m. It had a 10% adjusted operating profit margin in the second half […]