The group said the trains business increased operating profits by 36.7 percent to £108.8 million sterling, reflecting a full-year contribution from its new and enlarged franchises as well as strong volume growth.

It said its UK bus division improved its operating performance and delivered volume growth despite absorbing additional fuel costs of £28.2 million sterling.

'Increased passenger journeys, together with our initiatives to grow revenue and bear down on costs, have resulted in a strong performance,' the group said in its full-year to March 31 results statement.

Group revenue climbed 22 percent to £3.709 billion sterling and operating profit before amortisation and exceptional items rose to £259.2 million sterling from £229.7 million sterling a year ago.

The dividend per share was 15.5 pence per share against 14.1p beforehand. Fuel costs increased by £37.1 million sterling.

First runs First Capital Connect, First Great Western, First Scotrail and First Transpennine Express as well as Hull Trains and GB Railfreight.