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Mobico Group (NXPGY) Posts Strong Start to 2026, Derisks Legacy Issues
Mobico Group reported a 15-month period to March 31, 2026, with good 2025 results and a positive start to 2026. Executive Chair Phil White said the focus is on simplifying and restructuring to make the group stronger.
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Mobico Group Plc (NXPGY) reported a 15-month period to March 31, 2026, with the executive chair describing good results in 2025 and a strong start to 2026. The bus and coach operator, which trades on the Pink Sheets in the U.S., released the results later than usual.
"We delivered good results in 2025 and we've made a strong start to 2026," Executive Chair Phil White said on a call with investors. "Our focus has been on simplifying and restructuring the Group to make it stronger."
White said the company has dealt with a number of legacy issues. "We have had quite a few legacy issues to manage, but we've made a lot of progress," he said.