Floods fail to wash away First's rail profits
PASSENGERS are still jumping aboard trains run by FirstGroup despite flood chaos.
The owner of First Great Western and First Capital Connect franchises among others, expects annual rail passenger revenue to climb 5.9 per cent.
It said flooding in the Thames Valley and the South-west was unlikely to significantly affect rail revenue, but it disrupted services.
The owner of First Great Western and First Capital Connect franchises among others, expects annual rail passenger revenue to climb 5.9 per cent
First had to run replacement buses after floods severed the main line from London to Penzance at Dawlish, which is due to reopen tomorrow.
UK bus revenue should rise 1.8 per cent as passengers increased.
It cut prices and tweaked routes to attract more travellers in northern England and Glasgow.
First expects group operating profit to match its hopes, excluding a £14million hit from the US cold snap.