Firstgroup Plc · LSE:FGP
Firstgroup — Berenberg Fireside Chat (July 2025)
10 slides from Firstgroup's conference presentation, Jul 16, 2025
Slide 1: FirstGroup Berenberg Fireside Chat
FirstGroup Berenberg Fireside Chat Wednesday 16 July 2025
Slide 2: FirstGroup - a major UK bus and rail operator
FirstGroup - a major UK bus and rail operator Our businesses are at the heart of our communities and the services we provide support the delivery of wider economic, social and environmental goals First Bus First Rail One of the largest bus operators in the UK, transporting over 400m bus More tha
Slide 3: Strengthening our earnings base
Strengthening our earnings base Our cash generative businesses and balance sheet capacity allow us to take advantage of value accretive opportunities to grow and diversify our earnings and return excess capital to shareholders Adjusted EPS Adjusted EPS Well positioned for the transition in the UK
Slide 4: Strong cash generation enabling investments and returns
Strong cash generation enabling investments and returns Free Cash Flow of £113.5m before acquisitions and returns Cash generated from operations of £207.4m £163.4m EBITDA up £15.1m YoY benefitting from First Bus +7% Disposal proceeds comprise battery sales to Hitachi JV and open access rail +14%
Slide 5: Disciplined capital allocation to drive further growth and returns
Disciplined capital allocation to drive further growth and returns Over the last three years we have generated over £750m of cash, invested over £320m mainly in First Bus decarbonisation, c.£190m in value accretive acquisitions and returned c.£320m to shareholders Maintain a strong Invest in future
Slide 6: Leading in Sustainability
Leading in Sustainability First ©
Slide 7: Leading in Sustainability is one of our four strategic pillars
Leading in Sustainability is one of our four strategic pillars Investing in decarbonisation, enhancing our operations and driving modal shift reduces our environmental impact, supports growth and prosperity in our communities and is a key driver of our commercial success Top 200 cleanest Top perform
Slide 8: Our Climate Transition Plan
Our Climate Transition Plan We have a comprehensive strategy to meaningfully reduce emissions, manage climate-related risks, drive modal shift and contribute to growth and prosperity in the communities we serve Prepared in alignment with the Transition Plan Taskforce (‘TPT’) Disclosure Framework,
Slide 9: Delivering on our commitments and creating value
Delivering on our commitments and creating value We have committed significant capital and are transforming our businesses to deliver on our commitments, drive modal shift and unlock the resulting commercial benefits Investment: - more than £300m invested in First Bus fleet and infrastructure elec
Slide 10: Q&A
Q&A First (9