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Mobico Group
Mobico Group (MCG) investor relations material
Mobico Group H1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 TU earnings summary8 Sep, 2026
Executive summary
Group revenue grew 5.0% year-over-year in Q2 2026, driven by strong performance in Alsa and recovery in German Rail.
The business is refocusing on margin expansion, cash generation, and asset-light growth after exiting loss-making contracts and planning the sale of UK Bus.
Full-year guidance remains unchanged.
Financial highlights
Alsa revenue increased 8.0% year-over-year (13.7% excluding UK Coach).
German Rail revenue rose 19.3% year-over-year, reflecting a return to full operations.
UK Coach revenue declined 16.7% year-over-year due to reduced passenger numbers and targeted route reductions.
WeDriveU revenue fell 11.8% year-over-year, mainly from exiting loss-making contracts.
UK Bus revenue decreased 1.8% year-over-year, impacted by lower commercial patronage.
Outlook and guidance
Guidance for the year remains unchanged, with a focus on margin expansion and cash generation.
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Latest events from Mobico Group
- Adjusted Revenue up 5.9% and Operating Profit up 17.6%, driven by Alsa and German Rail.MCG
H2 2025 & Q1 2026 - Strong revenue and profit growth driven by ALSA, cost savings, and asset sales in 2025.MCGH2 2025
- Revenue up 5.4% YTD; profit at low end of guidance; ALSA and German Rail strong.MCGQ3 2025 TU
- Revenue up 7% but profit down; ALSA strong, WeDriveU and Germany weak; NA School Bus sale aids deleveraging.MCGH1 2025
- School Bus sale set to close in July 2025; FY25 profit guidance at £180-£195m.MCGTrading Update
- Mobico posts strong Q3 growth, maintains FY24 profit outlook, and advances cost-saving plans.MCGTrading Update
- Record H1 growth, strong contract wins, and deleveraging keep FY24 guidance on track.MCGH1 2024
- Mobico posts 9% Q1 revenue growth, driven by ALSA and North America, with debt reduction on track.MCGQ1 2025 TU
- Revenue up 8.3%, statutory loss on impairments, ALSA and WeDriveU drive growth.MCGH2 2024
Next Mobico Group earnings date
H1 20261 Oct, 2026
Mobico Group
Next Mobico Group earnings date
H1 20261 Oct, 2026
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