Bullish First Group smashes expectations with 82m annual profit
Off the rails: First Group was stripped of the TransPennine Express franchise
The boss of rail operator First Group has said the past three years were among the most challenging in the industrys history as it faced the pandemic and strikes.
Yet despite a difficult economic and industrial relations backdrop, Graham Sutherland insisted that the company is firmly on track this year even after it was stripped of the TransPennine Express franchise.
It came after the firm smashed expectations with annual profit of 82.1million in the year to March 25, up from 36.2million a year before.