FirstGroup PLC (FRA:FGR)

€ 2 0 (0%) Market Cap: 1.19 Bil Enterprise Value: 2.35 Bil PE Ratio: 11.50 PB Ratio: 1.43 GF Score: 71/100

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FirstGroup PLC to Discuss West Coast Partnership Award Call Transcript

Aug 14, 2019 / 08:00AM GMT

Release Date Price: €1.22 (+2.52%)

Transcript

Operator

Hello, and welcome to the FirstGroup Analyst Call. (Operator Instructions) Just to remind you, this conference call is being included. Today, I am pleased to present Matthew Gregory, FirstGroup Chief Executive; and Ryan Mangold, First Group Chief Financial Officer. Please go ahead with your meeting.

Matthew Gregory

Firstgroup plc - CEO & Executive Director

Thank you. Good morning, everyone, and thank you very much for joining us on this conference call to review the DfT's decision to award the West Coast partnership to our joint venture with Trenitalia. I'm joined on the call today by Ryan Mangold, our new CFO, as well as a number of my FirstGroup colleagues, and we'll be talking through the summary slides that can be found in the Reports and Presentations section of our investor website, before we open up to any questions you may have.

So I'll try and refer to the page numbers as we go through and we'll try and make it obvious which parts that we're talking about. So starting off with Page 2, let me open up clearly by saying that we're very

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