FirstGroup PLC (FGROF), the UK's largest bus company and also the operator of rail franchises, is facing a large number of headwinds. The company released its final results on the 8th of July which saw the group turn to a large loss for the full-year 2020. FirstGroup also released the dreaded going concern statement. As FirstGroup continues to face a number of issues, I would avoid the company for now.
Source: BBC.co.uk
Final Results
FirstGroup just reported their full-year results which were significantly affected by the coronavirus. The impact in March meant that