FirstGroup Wins London Overground Contract
Update: 2025-12-10
Description
FirstGroup, a prominent public transport operator, has been selected to manage the London Overground suburban rail network. Their subsidiary, First Rail London, will take over from the current operator starting May third, 2026. This initial eight-year contract, valued at around three billion pounds, includes customer service, performance improvement, station management, and train services. FirstGroups shares surged over five percent following the announcement. This contract is a significant step in their strategy to expand and diversify their portfolio, following a strong financial performance and return to the London market.
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