Summary
TRANSPORT giant FirstGroup has suffered a slump in profits after higher fuel costs and public spending cutbacks dented full-year figures.
As the largest provider of student transport in North America with a fleet of around 60,000 yellow school buses, FirstGroup has felt the impact of "unprecedented levels" of pressure on school board budgets.See the full content of this document
Extract
Bus Group's Profits Are Hit by Double Whammy
The company's Greyhound intercity coach business in North America has also been squeezed by r...
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