RE: FirstGroup trebles dividend as profit falls amid restructure17 Nov 2023 12:34
It took 10 years to turn it around. Quite a change for those who waited, or bought wisely.
21st May 2013.
"First Group Share Price Plunges & No Dividend "
--- "Shares in FirstGroup have plunged 26% after it announced a £615m rights issue in a bid to reduce its debt and said profit had plummeted. The firm, which has extensive rail and bus operations in the UK as well as a bus business in the US, said pre-tax profit had plunged 86.7% to £37.2m. FirstGroup also said Martin Gilbert, who has chaired the firm for 27 years, would be standing down."
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