Mobico Group (MCG) Q3 2025 TU earnings summary

Executive summary

• Group revenue year-to-date increased by 5.4% compared to the prior year, with full-year operating profit expected at the lower end of the $180m–$195m/£180m–£195m guidance.

• ALSA segment delivered 4.1% growth, driven by regional, urban, and health contracts, and a major win in Saudi Arabia, while UK Coach revenue declined by over 7% due to business disposals and competition.

• Significant cost reduction initiatives are underway, expected to deliver savings in the tens of millions across divisions, with further opportunities being explored.

Financial highlights

• Group revenue up 5.4% year-to-date versus the prior year.

• Adjusted operating profit for the year is forecasted at the lower end of $180m–$195m/£180m–£195m.

• UK Coach revenue declined by 7.4% due to exits from loss-making businesses and increased competition.

• UK Bus commercial revenue and passenger numbers declined, but overall UK Bus revenue rose 2.9%.

• ALSA revenue grew 4.1%, with last year's growth boosted by a one-off government scheme.

Outlook and guidance

• Full-year operating profit expected at the lower end of the $180m–$195m/£180m–£195m range.

• Modest revenue growth anticipated for 2026.

• Guidance for WeDriveU and 2026 to be provided after year-end.