FirstGroup wins two West Yorkshire bus contracts with expected annual revenue of £40 million

• 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.

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