UK's Mobico climbs after annual profit beat

Mobico

26/02/2026 09:41

Updates

** British transport company Mobico MCG.L up 34% at 29.56p

** Shares near five-month high, top gainer on London stocks

** Co's annual adjusted pretax profit of 122.3 million pounds ($165.5 million) beats market expectations of 87.73 million pounds

** Forecasts FY26 adjusted operating profit between 195 million pounds and 210 million pounds vs. 198 million pounds in 2025

** Stock up ~8% YTD

($1 = 0.7391 pounds)

 (Reporting by Prerna Bedi in Bengaluru)

 ((Prerna.Bedi@thomsonreuters.com ; +91 98052 24616))