FirstGroup wins two West Yorkshire bus contracts with expected annual revenue of £40 million
Bitget2026/11/02 07:10By:Bitget
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- FirstGroup won two bus franchise contracts in Bramley and Huddersfield expected to generate combined annual revenue of about £40 million.
- The contracts begin in May 2027 for five years, with an option to extend for two years.
- West Yorkshire Combined Authority will retain revenue risk and specify service levels, with the operator responsible for service delivery.
- A related £109 million asset sale to the authority covers five depots and a bus fleet.
- Completed depot sales are expected to generate a roughly £30 million post-tax gain, with cash inflows of about £55 million in FY2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Firstgroup plc published the original content used to generate this news brief via PR Newswire (Ref. ID: 202611020200PR_NEWS_PRUKDSCX_0016) on November 02, 2026, and is solely responsible for the information contained therein.
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