Pas­sen­ger rev­enue rises at FirstGroup

Rail (UK) - - Network News -

FirstGroup says its like-for­like rail pas­sen­ger rev­enues in­creased by 3.2% year on year be­tween Septem­ber 2017 and Jan­uary 2018.

The com­pany says rev­enue growth was sta­ble, “not­with­stand­ing on­go­ing in­fra­struc­ture chal­lenges”.

It claimed that the Tran­sPen­nine Ex­press fran­chise “con­tin­ued to de­liver in­dus­trylead­ing rev­enue growth, with even greater growth re­quired as the new fleet starts to be in­tro­duced into ser­vice from au­tumn 2018”.

Full year re­sults for the year to March 31 are ex­pected to be an­nounced that day.

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