London · Delayed Price · Currency is GBP · Price in GBX Mobico Group Earnings Call Transcripts
Fiscal Year 2025
-
Revenue grew 6% to GBP 3.4 billion and adjusted operating profit rose 18% to GBP 231 million, driven by Alsa and improved German Rail performance. Guidance for 2026 operating profit was raised to GBP 215–230 million, with a strong focus on cost savings, cash generation, and de-leveraging.
-
Revenue grew 6% to EUR 2.8 billion and adjusted operating profit rose 9% to nearly EUR 200 million, led by ALSA's strong performance and new contract wins. Cost savings, business simplification, and strategic exits from loss-making contracts improved profitability, with further savings and growth targeted for 2026.
-
Group revenue rose over 5% year-to-date, with full-year profit expected at the lower end of guidance. ALSA delivered strong growth, while UK Coach and Bus faced declines. Cost reduction efforts are underway, and losses on the WMATA contract have lessened but persist.
-
Revenue grew 7% year-over-year, led by ALSA, but profitability declined due to underperformance in UK, WeDriveU, and German Rail. The group maintains full-year profit guidance, with cost control and deleveraging as top priorities.
Fiscal Year 2024
-
Revenue rose 8.3% to GBP 3.4 billion, led by ALSA and WeDriveU, with EBIT within guidance and improved cash flow. Statutory loss resulted from significant impairments in North America and German rail, while the sale of the School Bus business will accelerate debt reduction.
-
Strong H1 2024 results with 5.4% revenue growth, record ALSA performance, and robust contract wins. Full-year EBIT guidance and deleveraging targets are unchanged, with ongoing focus on cash conservation and operational improvements.