UK's FirstGroup rises on upbeat annual results, share buyback
Today 08:22
BUZZ-UK's FirstGroup rises on upbeat annual results, share buyback ** Shares of British public transport operator FirstGroup FGP.L up 6.6% at 186 pence
** Stock is the top gainer across all London stocks
** Co reports annual revenue of £4.75 billion ($6.32 billion), above analysts' estimate of £4.43 billion, according to company-compiled consensus
** Reports adj PBT of £158.8 million above analysts' estimate of £153.9 million
** Expects to maintain adjusted EPS in FY27
** Announces £100 million share buyback programme
** FGP down ~2% YTD
($1 = 0.7519 pounds)
(Reporting by Nithyashree R B in Bengaluru)