All the updated news related to mobico

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National Express coach group to change name to Mobico

The owner of the National Express long-distance coach service is changing its name to Mobico Group from early next month. The FTSE 250 firm said the corporate name change “reflects the group’s international nature and its diverse range of mobility ...

10 May 2023 at 14:35

City

National Express owner sees shares hit the skids after earnings fall

National Express owner Mobico has seen shares plunge after posting a drop in half-year earnings. The coach and bus giant reported a worse-than-expected 12.7% fall in underlying operating profits to £59.9 million for the six months to June 30, ...

09 Sept 2025 at 11:12

City

National Express owner announces boss’s departure and deeper losses

National Express owner Mobico has announced the departure of its boss as the transport giant unveiled deeper losses following “challenges” in the UK and Germany. Chief executive Ignacio Garat will step down from the role on Wednesday. Phil ...

29 Apr 2025 at 11:08

City

National Express owner’s UK revenue falls amid turnaround effort

The parent company of National Express coaches has reported falling UK revenue in the first months of this year after it benefited less from rail strikes. Mobico said turnover in its UK coach business was down 6% in the three months to ...

19 May 2025 at 11:40

City

Mobico to sell US school buses ahead of tariffs driving up fleet costs

National Express owner Mobico has struck a deal worth up to 608 million US dollars (£457 million) to sell its North American school buses, as it hands over the reins ahead of new tariffs driving up fleet costs. The transport group ...

25 Apr 2025 at 10:01

City

Higher bus fares help lift earnings for National Express owner Mobico

National Express owner Mobico has said an increase in passengers and a jump in bus fares helped drive higher sales in the UK, as the transport giant edges back to profit after a punishing year. Mobico said bus ticket prices in ...

21 Aug 2024 at 09:46

City

National Express owner shares hit after results woes as finance boss quits

National Express owner Mobico has posted plunging profits and revealed its finance boss will stand down in the wake of accounting issues that twice delayed full-year results. Shares in the group, which rebranded as Mobico ...

22 Apr 2024 at 12:27

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