UK's Mobico plunges to record low after profit warning

Mobico

26/11/2025 08:55

** Shares of British transport company Mobico MCG.L fell as much as 12.4% to a record low of 19p

** Stock top loser on FTSE small cap .FTSC, which is up 0.17%

** Expects to deliver FY adjusted operating profit guidance towards the lower end of the 180 mln pounds to 195 mln pounds range ($237.2 mln - $257 mln) as passenger numbers fall

** Co says large scale cost reduction programme underway with further opportunities being explored across the group

** Including session's losses, MCG stock down 74.3% YTD VS FTSE small cap's gains of 6.3%

($1 = 0.7587 pounds)

(Reporting by Akshaya V)

((akshayav@thomsonreuters.com))