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16.5.07

Business * UK - FirstGroup arrives at £196m annual profit

Edinburgh,Scotland,UK -The Edinburgh News, by JANE BRADLEY -16 May 2007: -- Transport company FirstGroup today announced pre-tax profits rose 11 per cent to £195.8 million, boosted by a strong performance in its UK rail division and despite a £37.1m hike in fuel costs... Britain's biggest bus and train operator, which owns First ScotRail as well as one of the country's major bus companies, said its UK train division had delivered its best ever year of growth, with profits rising by 36.7 per cent to £108.8m... (Overall group revenue increased by 22.4 per cent to £3.7 billion)

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