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FirstGroup launches £100m buyback after 25% revenue rise and EPS growth in FY 2026

Company Fundamentals
18 Jun 2026
Proactive Investors
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Bullish
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FirstGroup PLC announced a new £100 million share buyback following a 25% revenue increase to £1.72 billion for the year ending March 2026. Despite a slight drop in operating profit due to softer rail earnings, adjusted earnings per share rose to 20.3p. The company also raised its full-year dividend to 7.2p per share and expects to maintain EPS in FY 2027 while generating around £400 million in free cash over the next three years. Operational growth was driven mainly by First Bus, with a 33% revenue increase and a 7% rise in operating profit despite some cost pressures.

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