FirstGroup has said it expects to keep results on track over the year ahead, despite ongoing rail strike action and being stripped of its TransPennine Express franchise by the UK Government last month.
The bus and rail firm said it expects “broadly consistent” earnings from its trains business in the year to next March and for its group results to be in line with expectations, although it has cautioned that the “economic and industrial relations backdrop remains challenging”.
FirstGroup saw its TransPennine Express franchise nationalised at the end of May – a decision the firm said was a “huge disappointment”.
