Mobico Group
MCG · Main Market · Travel and Leisure · mcap £145m · 23.8p
Mobico runs buses, coaches and rail services, mainly in Spain and Morocco (ALSA), Germany, the UK and, until 2025, North America. It earns most of its income from long-term public transport contracts and coach ticket sales.
Mixed 18 Aug 2026
Asset disposals: NASB, NXTS and UK Bus sale agreedPortfolio simplification to focus on Alsa and cash generation; UK Bus yields only about £24m upfront. 18 Aug 2026 29 Jul 2026
Positive 29 Jul 2026
Guidance raised to £215-230m after earlier £195-210mUpgrade of calendar 2026 adjusted operating profit guidance, helped by revised German rail contracts and Alsa strength. 29 Jul 2026 26 Feb 2026
Mixed 29 Jul 2026
Strategic and financial options review with advisers to accelerate deleveragingManagement says legacy cash outflows constrain debt reduction; update expected in H2 2026. 29 Jul 2026
Negative 29 Jul 2026
Statutory loss and impairments, with covenant gearing up to 2.9xOne-off charges including NASB retained claims and RME impairment; gearing rose from 2.7x. 29 Jul 2026
- 2026-08-18 disposal · £24m – Agreed sale of UK Bus operations and net assets to West Midlands Combined Authority; deferred £5.5m; close around November 2026 18 Aug 2026
- 2025-07-14 disposal · $364m net upfront (£273m) – Completed sale of North America School Bus to I Squared Capital; EV up to $608m, earn-out up to $70m 25 Apr 2025
From the company's own announcements · not investment advice
Company filings. Not investment advice.