Mobico Group Plc (MCG.L)
Mobico Group Plc operates in the Railroads industry of the Industrials sector, headquartered in Birmingham, BD, GB. The stock last traded at $25.94, up 0.39% on the session, giving a market capitalisation of $158.3M. Its beta of 1.31 implies it has historically moved more than the broad market.
Mobico Group Plc is a prominent provider of public transportation solutions, operating across a wide international footprint that includes the UK, Germany, Spain, Morocco, Switzerland, the United States, Canada, France, and Portugal. Its extensive operations are structured into distinct segments: UK, German Rail, ALSA, and North America. The company manages a substantial fleet of approximately 28,000 vehicles through both direct ownership and leasing agreements. Mobico's comprehensive service offerings encompass student transport, urban bus routes, regional and long-distance coach travel, and rail services, alongside a variety of charter, transit, scheduled, private hire, and commuter coach options. Demonstrating a commitment to environmental sustainability, the company also utilizes alternative fuel technologies such as propane, electric, and hydrogen, and provides dedicated shuttle services. It caters to a diverse clientele, serving municipal authorities, corporate clients, educational institutions, and individual passengers directly. Founded in 1991 and based in Birmingham, UK, the company was known as National Express Group PLC until its rebranding to Mobico Group Plc in June 2023.
Mobico Group Plc is most often compared with the following Industrials names: