tiprankstipranks
FirstGroup Expands Rail Services with New Train Fleet
Company Announcements

FirstGroup Expands Rail Services with New Train Fleet

Firstgroup (GB:FGP) has released an update.

Pick the best stocks and maximize your portfolio:

FirstGroup has secured a lease agreement with Angel Trains and Hitachi to acquire 14 new trains for approximately £500 million, aiming to expand its open access rail services including new routes and increased capacity. The trains, to be manufactured in County Durham, will support FirstGroup’s strategic growth while also benefiting local manufacturing and jobs. This significant investment highlights FirstGroup’s commitment to providing competitive and environmentally friendly travel options in the UK rail market.

For further insights into GB:FGP stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskFirstGroup Executive Share Purchase Under SIP
TipRanks UK Auto-Generated NewsdeskFirstGroup Announces Share Buyback Transaction
TheFlyFirstGroup price target raised to 215 GBp from 200 GBp at RBC Capital
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App