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Should you buy shares in Mobico right now?
Should you buy shares in Mobico right now?

Times

time22-05-2025

  • Business
  • Times

Should you buy shares in Mobico right now?

As a means of time travel it's not quite HG Wells, Dr Who's Tardis or even Doc Brown's nuclear-fuelled DeLorean in Back to the Future. Phil White's decision to board the National Express this month is not so much a trip down Memory Lane as a search for the break in the time continuum which has seen shares in the group, now named Mobico, hit an all-time low. Mobico is an international bus and coach company. It makes fabulous profits in Spain with its Alsa business there on growing margins of more than 13 per cent. It has just sold its US school yellow bus business, which has been operating on small margins and with a growing cost base and need for investment. It

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