Analyst Consensus

Below is the consensus compiled by the Group for FY 2025 and 2026. These estimates are an aggregation of six sell side analysts’ forecasts, based on publicly available information, as at 25 October 2024. It includes key indicators only and does not purport to be comprehensive.

No warranty or representation, whether express or implied, is made by FirstGroup or its affiliates, or their respective directors, officers and employees, in relation to the accuracy, completeness or validity of this information, nor the figures or calculations arising from this information. FirstGroup provides no assurance with regards to the accuracy or correctness of the consensus estimates and, to the fullest extent permitted by law, accepts no responsibility or liability for the consequences of any reliance or actions taken or not taken based on any of the information in this analysis.

FirstGroup has not commented on nor verified these estimates and it does not express any opinion on nor endorses or approves the analysts’ consensus estimates or any underlying estimates that may have formed part of the analysts’ consensus estimates. This analyst consensus is provided for information purposes only and FirstGroup undertakes no obligation to provide updates or revisions. Nothing in this analysis should be taken as a recommendation to buy or sell shares in FirstGroup or to take any other action or place any reliance on the analysis.

Definitions:
1 Adjusted operating profit is defined as operating profit from continuing operations excluding items which management has determined as not being relevant to an understanding of the Group’s underlying business performance.
2 Adjusted earnings are shown before net adjusting items and excludes IFRS 16 impacts in First Rail management fee operations

Download the detailed consensus by business (PDF)

Analyst Coverage