FirstGroup has reported "resilient financial performance", despite the challenging political, economic and industrial relations environment.
Adjusted operating profit increased to £66.1m from £51.8m at the same stage last year, principally reflecting increased open access earnings, with aggregate rail management fee-based income broadly in line, lower First Bus adjusted operating profit, and lower central costs.
The half-year report also showed statutory operating profit of £62.1m, up from £52.2m, which includes net adjusting item charges of £4m.
