Education
About Us
Working with TipRanks
Follow Us
Mobico Group (GB:MCG)
LSE:MCG
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: -14.89%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with strong performances in ALSA and WeDriveU, successful strategic moves such as the sale of the North America School Bus, and improvements in cash flow and contract wins. However, these positives are balanced by significant challenges, including statutory losses due to impairments, ongoing issues in the German Rail sector, and delays in the U.K. turnaround. Despite operational successes, the financial and operational headwinds are substantial.Company Guidance
In the 2024 fiscal year, Mobico Group delivered a strong performance with key metrics indicating progress towards financial stability and growth. The Group achieved an 11% growth in operating profits, largely driven by ALSA’s record results and WeDriveU’s revenue growth of 18.9% compared to 2023. Mobico's EBIT was within the guidance range, supported by a significant improvement in free cash flow and a modest reduction in Covenant Gearing to 2.8 times from 3 times. The sale of the North America School Bus business for a headline enterprise value of $608 million, translating to a £300 million net proceeds, was a strategic move to accelerate debt reduction. However, the Group faced challenges with significant impairments leading to a statutory loss, primarily due to North America School Bus and the German Rail owner’s contract provisions. Despite these setbacks, Mobico made critical operational advancements, securing 36 new contracts worth a total annual revenue of £144 million and maintaining a contract win conversion rate of 22%. The Group remains focused on cash management and debt reduction, with a commitment to further enhance pricing strategies to counterbalance inflationary pressures. These financial and operational strategies position Mobico to continue its recovery and growth trajectory in the coming years.Record Performance from ALSA
ALSA delivered another record result, significantly contributing to the Group's growth with an adjusted operating profit increase of 36% to £186.1 million.
Revenue Growth in WeDriveU
WeDriveU showed an 18.9% revenue improvement versus 2023, with a promising future outlook driven by new contracts and asset-light opportunities.
Successful Sale of North America School Bus
The sale of North America School Bus to I Squared Capital for a headline enterprise value of $608 million, enabling a focus on more attractive growth opportunities.
Improvement in Free Cash Flow
Mobico Group delivered EBIT within guidance for the full year 2024, with an improvement in free cash flow and an 11% growth in operating profits.
New Contract Wins
The Group won 36 new contracts with a combined annual revenue of £144 million, up from £126 million the previous year.
---
GB:MCG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
GB:MCG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | 33.58p | 31.96p | -4.82% |
Aug 21, 2024 | 58.05p | 68.35p | +17.74% |
Apr 22, 2024 | 60.05p | 54.15p | -9.83% |
Jul 27, 2023 | 104.87p | 93.20p | -11.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Mobico Group (GB:MCG) report earnings?
Mobico Group (GB:MCG) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Mobico Group (GB:MCG) earnings time?
Mobico Group (GB:MCG) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Mobico Group stock?
The P/E ratio of Mobico Group is N/A.
What is GB:MCG EPS forecast?
Currently, no data Available
---