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    FGP   GB0003452173

FIRSTGROUP PLC

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FirstGroup : First Bus and First Rail sign tomorrow's Engineers Code

06/14/2021 | 08:17am EDT

First Bus and First Rail, part of leading transport operator FirstGroup, have pledged their support for the Tomorrow's Engineers Code launched by Engineering UK.

This is a commitment to work toward common goals to increase the diversity and number of young people valuable engineering careers. The Code acknowledges the need to ensure engineering is an accessible career so that the UK has a diverse and insightful workforce enabling the country to thrive.

Begun in October 2020, the Tomorrow's Engineers Code initiative is backed by a broad community of organisations including engineering firms, professional institutions and government departments.

Each of these institutions commit to four pledges regarding funding, designing, delivering and learning from activities based in engineering to achieve the shared goals of the Code.

Commenting, FirstGroup Chief Executive Matthew Gregory said: 'Our ambition is for FirstGroup to be the partner of choice for innovative and sustainable transport, and we are pleased to support and inspire Britain's engineers of tomorrow.

'The changing nature of transport and mobility, particularly as we move to new technologies, requires us to adapt the way we operate our services and maintain our vehicles. To deliver that change for a cleaner and greener future, we will need a diverse workforce of engineers, and that's why we are delighted to have signed the Tomorrow's Engineers Code.'

Contact:

Tel: +44 (0)20 7725 3354

Email: corporate.comms@firstgroup.com

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2022 5 710 M 7 834 M 7 834 M
Net income 2022 2,64 M 3,63 M 3,63 M
Net Debt 2022 1 625 M 2 229 M 2 229 M
P/E ratio 2022 403x
Yield 2022 7,57%
Capitalization 1 080 M 1 475 M 1 482 M
EV / Sales 2022 0,47x
EV / Sales 2023 0,44x
Nbr of Employees 100 807
Free-Float 98,1%
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Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 89,45 GBX
Average target price 92,00 GBX
Spread / Average Target 2,85%
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Ryan Dirk Mangold Chief Financial Officer & Executive Director
David Robert Martin Executive Chairman
Warwick Brady Independent Non-Executive Director
David Robbie Senior Independent Non-Executive Director
Julia Steyn Independent Non-Executive Director
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