FirstGroup plc
Extracts from the presentation made to shareholders at the Group's Annual
General Meeting held today:
Speaking at today's Annual General Meeting in Aberdeen FirstGroup Chairman
Martin Gilbert said:
'We have a strong management team and a balanced portfolio of businesses
generating over £300 million of cash each year. We see opportunities for growth
in all the markets in which we operate. In UK Bus we are focused on improved
marketing and service delivery, In UK Rail we are encouraged by the prospect of
new and enlarged franchises and In North America there are significant
opportunities for growth across all of the business. '
Commenting on current trading, Moir Lockhead, Chief Executive said:
'Despite the continued economic uncertainty and the problems on the world's
financial markets, our businesses remain strong and resilient. We have made a
good start to the year and trading in the first quarter is in line with our
expectations.'
Contacts:
FirstGroup plc
Moir Lockhead Chief Executive 01224 650100
Michael Mitchell Corporate Communications Director 020 7291 0504
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