Mobico: National Express owner begins to turn a corner Transport and infrastructure National Express owner Mobico has said it is on track to hit operating profit targets for the full year, following a torrid period that saw its chief finance officer exit and shares plummet. The bus and coach firm said it expected to report an operating profit of between £175m and £205m, on an adjusted basis. [...]
Mobico shares jump as National Express owner reports surge in profit Transport and infrastructure The FTSE 250 transport operator, formerly National Express, confirmed the sale of its struggling North American unit is underway.
Cosmen family pounces on ‘depressed’ share price of National Express owners Transport The Cosmen family has upped its stake in the owner of National Express to 21.1 per cent. from 20.2 per cent.
Mobico: Short sellers circle struggling National Express owner June 3, 2024 Short sellers including the hedge fund owned by GB News baron Paul Marshall are circling the struggling FTSE 250 transport firm Mobico Group.
National Express owner Mobico set for FTSE 250 relegation after audit issues May 29, 2024 National Express owner Mobico Group could drop off the FTSE 250 after it was forced to delay publication of its full-year results twice amid audit issues.
Trainline and Firstgroup shares tumble as Labour pledges rail nationalisation April 25, 2024 Trainline and Firstgroup shares fell this morning after Labour announced plans to renationalise Britain's railway network in the next five years.
Mobico: National Express owner’s CFO to depart after ‘regrettable’ accounting issues April 22, 2024 Mobico Group's CFO will depart after accounting issues caused the firm to delay publication of its full-year results twice.
Mobico: National Express owner shares spiral after profit warning amid audit issues March 25, 2024 National Express owner Mobico's shares tumbled over eight per cent this morning after it issued a profit warning.