Dilute this e-mail & thoughts?7 Oct 2025 12:57
Two weeks ago sent an e-mail to IR @ mobico asking for an insight to haw the company is progressing...
Reply received today...
As outlined in HY 2025 results, the UK coach business is being itregated into Alsa, the strategic move will drive significant cost savings, improve operational efficiency, an lead the overall modemisation of the UK coach business - all necessary steps to ensure substantial growth in this industry.
Our comprehensive cost-cutting programs are focused on group an divisional overhead, right-seizing the business, an improving future EBITDA & profitability. Costs are being taken out rapidly at head office level, and a large scale cost saving program in the divisions is currently underway. We are also actively looking at operational efficiencies across all divisions.
Additionaly as mentioned in the HY results, discussions with German rail PTA"shave progressed significantly since the arrival of Brian Egan & Phil White, with a positive outcome expected in the coming months.
Finally with proceeds from the school bus sale the company has sufficient liquidity to meet maturites through H1 2027 in addition, the majority of our RCF has being extended to 2029.