Mobico to sell West Midlands bus business for £24m
18th Aug 2026 10:28
(Sharecast News) - Mobico said on Tuesday that it has agreed to sell its West Midland bus business (UK Bus) to the West Midlands Combined Authority (WMCA) for upfront proceeds of £24m.
Read moreMobico signs revised German rail contracts
19th Jun 2026 12:11
(Sharecast News) - Mobico said on Friday that it had signed revised German rail contracts with five public transport authorities in North Rhine-Westphalia and neighbouring regions.
Read moreMobico issued termination notice by Washington DC's WMATA
22nd May 2026 10:45
(Sharecast News) - Mobico said on Friday that its US subsidiary has been issued a termination notice by the Washington Metropolitan Area Transit Authority to stop operating paratransit services, amid an ongoing legal dispute between the parties.
Read moreMobico posts better-than-expected FY profit, shares surge
26th Feb 2026 09:25
(Sharecast News) - Mobico shares rocketed on Thursday after the National Express owner posted better-than-expected full-year adjusted operating profit, mainly due to a record performance in Alsa, with strong end of year trading in Spain.
Read moreMobico surges on potential German rail agreement
28th Jan 2026 08:20
(Sharecast News) - Mobico surged on Wednesday after confirming that subsidiary National Express is in the advanced stages of reaching a comprehensive agreement in principle with five German public transport authorities (PTAs) to realign contract terms for rail transport services in North Rhine-Westphalia and adjacent regions.
Read moreMobico on track to recach lower end of profit guidance
26th Nov 2025 09:25
(Sharecast News) - Mobico Group said in an update on Wednesday that it remains on track to meet its full-year profit guidance, despite weaker trading in the UK, as it presses ahead with a large-scale cost reduction programme and opts not to redeem its perpetual bond.
Read moreMobico on track to recach lower end of profit guidance
26th Nov 2025 09:25
(Sharecast News) - Mobico Group said in an update on Wednesday that it remains on track to meet its full-year profit guidance, despite weaker trading in the UK, as it presses ahead with a large-scale cost reduction programme and opts not to redeem its perpetual bond.
Read moreMobico surges on Saudia Arabia contract win
9th Oct 2025 08:22
(Sharecast News) - Mobico surged on Thursday as it announced that its ALSA subsidiary, as part of a joint venture, has won an eight-year capital-light contract in the Kingdom of Saudia Arabia, with a total contract value of €500m revenue.
Read moreShares tumble after Mobico's first half disappoints
9th Sep 2025 07:50
(Sharecast News) - Shares in Mobico Group tumbled on Tuesday, after the owner of National Express posted a slide in half-year profits.
Read moreLondon close: Stocks mixed on UK data, Brexit 'reset' with EU
19th May 2025 17:10
(Sharecast News) - London stocks ended Monday on a mixed note, as investors weighed economic indicators from the UK and Europe, as well as news that Westminster and Brussels have agreed a 'Brexit reset' deal.
Read moreSpain drives 9% rise in Mobico Q1 revenues
19th May 2025 07:02
(Sharecast News) - Troubled bus and rail operator Mobico on Monday reported a 9% rise in first-quarter revenues, driven by a strong performance in Spain, offset by declines in the UK and Germany.
Read moreLondon close: Stocks rise on raft of corporate updates
29th Apr 2025 15:37
(Sharecast News) - London stocks finished higher on Tuesday, buoyed by investor optimism over potential easing of US tariffs on automobiles and a raft of corporate updates.
Read moreMobico CEO steps down as profits disappoint
29th Apr 2025 07:32
(Sharecast News) - Troubled transport operator Mobico said chief executive Ignacio Garat would be stepping down, days after the company issued a profit alert that sent its shares plunging by more than 40%.
Read moreMobico sees FY at lower end; Sells Nth America school bus unit for $608m
25th Apr 2025 07:06
(Sharecast News) - The value of UK transport company Mobico was almost halved on Friday after a warning that annual earnings would be at the lower end of guidance, completely overshadowing the sale of its North America school bus business to I Squared Capital for up to $608m (£457m).
Read moreFormer Mobico CEO Phil White returns as chair
27th Mar 2025 07:38
(Sharecast News) - Transport operator Mobico has appointed Phil White as chair with effect from 1 May 2025, replacing Helen Weir.
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