Post close trading update
FIRSTGROUP PLC post close Trading update FirstGroup plc ('FirstGroup' or the 'Group') today provides a post close update on trading for the 27 weeks to 30 September 2023. First Rail Demand for the division’s open access operations (Lumo and Hull Trains) has been stronger than anticipated due to increased leisure travel during the summer period. In addition, the final variable fee payments due for the division’s management fee-based contracts for the FY 2023 fiscal year have now been agreed with the Department for Transport (‘DfT’) at a rate ahead of the amounts accrued