Apr 22, 2024 / 08:00AM GMT
Ignacio Grant - Mobico Group PLC - Group CEO
Good morning, and welcome to our 2023 full-year results and Q1 update. Thank you again for your understanding and waiting for this. We are pleased to have completed the supplementary inquiries around German rail that were deemed necessary, and James will walk you through the conclusions of that and the water group performance in a few moments.
Before that, I would like to share the key messages that we have taken from what has been a more challenging '23 than we have hoped or expected. In short, our story is one of continuing positive demand drivers, but with profit recovery and therefore reduction in net debt somewhat slower than we have hoped.
Yet, 2023 has been a year in which important underlying progress has been made in the context of an evolving and challenging market where Mobico has adapted and acted decisively. The fact that demand and revenue growth remains healthy is certainly encouraging. And we see that continuing.
As well as delivering strong new business conversion and healthy margins on ROCE, we're also retaining and
Full Year 2023 Mobico Group PLC Earnings Call Transcript
Apr 23, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers