FirstGroup PLC AGM Statement

 
TIDMFGP 
 
FirstGroup plc 
 
2018 AGM statement 
 
FirstGroup plc ('FirstGroup', the 'Group'), a leading transport operator in the 
UK and North America, will be holding its Annual General Meeting at 1.30pm 
today in Aberdeen. FirstGroup Executive Chairman Wolfhart Hauser will make the 
following remarks on recent trading at the shareholder meeting: 
 
"I am pleased to say that the Group's overall trading performance in the first 
quarter has been in line with the plans we outlined at the end of May. In July 
we were able to begin the process of withdrawing from most of Greyhound 
Canada's operations in the west of the country, which will address some of the 
long-standing issues in that part of the business. 
 
"The Board is examining all appropriate means to mobilise the considerable 
value inherent in the Group, and to deliver shareholder value in a sustainable 
way while enhancing the services we provide to our customers and communities." 
 
The Group is scheduled to announce interim results for the six months to 30 
September 2018 on Tuesday 13 November 2018. 
 
Contacts at FirstGroup: 
 
Faisal Tabbah, Head of Investor Relations 
 
Stuart Butchers, Group Head of Media 
 
Tel: [phone] 
 
Contacts at Brunswick PR: 
 
Jonathan Glass / Andrew Porter / Alison Kay 
 
Tel: [phone] 
 
Forward looking statements 
 
Certain statements included or incorporated by reference within this 
announcement may constitute 'forward-looking statements' with respect to the 
business, strategy and plans of the Group and our current goals, assumptions 
and expectations relating to our future financial condition, performance and 
results. By their nature, forward-looking statements involve known and unknown 
risks, assumptions, uncertainties and other factors that may cause actual 
results, performance or achievements of the Group to be materially different 
from any future results, performance or achievements expressed or implied by 
such forward-looking statements. Shareholders are cautioned not to place undue 
reliance on the forward-looking statements. Except as required by the UK 
Listing Rules and applicable law, the Group does not undertake any obligation 
to update or change any forward-looking statements to reflect events occurring 
after the date of this announcement. 
 
About FirstGroup 
 
FirstGroup plc (LSE: FGP.L) is a leading transport operator in the UK and North 
America. With GBP6.4 billion in revenue and around 100,000 employees, we 
transported 2.1 billion passengers last year. Each of our five divisions is a 
leader in its field: In North America, First Student is the largest provider of 
student transportation with a fleet of 42,000 yellow school buses, First 
Transit is one of the largest providers of outsourced transit management and 
contracting services, while Greyhound is the only nationwide operator of 
scheduled intercity coaches. In the UK, First Bus is one of Britain's largest 
bus operators, transporting 1.6 million passengers a day, and First Rail is one 
of the country's largest and most experienced rail operators, carrying more 
than 260 million passengers last year. 
 
Our vision is to provide solutions for an increasingly congested world... 
keeping people moving and communities prospering. 
 
Visit our website at www.firstgroupplc.com and follow us @firstgroupplc on 
Twitter. 
 
Legal Entity Identifier (LEI): 549300DEJZCPWA4HKM93. Classification as per DTR 
6 Annex 1R: 3.1 
 
 
 
END 
 

(END) Dow Jones Newswires

July 17, 2018 04:58 ET (08:58 GMT)