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Mobico profits fall despite revenue growth

Mobico Group reported a fall in profit in its 2023 results on Monday, below the expectations it set at the start of the financial year, despite continued revenue growth.

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FTSE 250 movers: Miners in favour; Mobico on the skids again

FTSE 250 (MCX) 19,739.87 -0.73%

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National Express owner Mobico issues profit warning, delays results again

Shares in National Express owner Mobico slumped on Monday after the transport company issued a profit warning and said its annual results would be delayed further due to auditing issues at its German rail business.

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FTSE 250 movers: Mobico slumps after results delay; Close Bros rallies

FTSE 250 (MCX) 19,145.34 -0.37%

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Mobico delays FY results, shares slide

Mobico shares slumped on Tuesday after the National Express owner said results would be delayed due to an accounting review of its German rail business.

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FTSE 250 movers: Mobico, 888 recover some ground

London’s FTSE 250 was down 0.9% at 17,057.83 in afternoon trade on Friday.

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Mobico cuts FY EBIT guidance, suspends dividend

Mobico shares tumbled on Thursday after the transport operator - formerly National Express - cut its full-year earnings outlook and said it was looking to sell its North America school bus business and suspend its final dividend.

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