Summary
•Reported Group revenue growth +13.7% year to date (YTD); Group revenue in constant currency1 and excluding the SWR rail franchise +5.5% YTD; Road divisions' revenue in constant currency1 +1.9% YTD
•Overall trading in the period supports our unchanged outlook for the full year, with higher cash inflows
•As planned, January 2019 bond refinanced from cash and bank facilities; next bond due April 2021
Increase/(decrease) vs comparable period, in constant currency1 Sept 2018
- Jan 2019 YTD
First Student revenue +6.2% +5.8%
First Transit revenue +2.3% +0.9%
Greyhound like-for-like revenue +0.2% (0.4)%
First Bus like-for-like passenger revenue +1.3% +1.4%
First Rail like-for-like passenger revenue +4.2% +5.0%
https://www.investegate.co.uk/firstgrou ... 0000P29C4/