Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Group CEO, CEO of Alsa & Director Paco Campos was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 20
Karen Geary Not to Stand for Re-Election as Senior Independent Director of Mobico Group Plc Mobico Group PLC announced that Karen Geary, Senior Independent Director, has informed the Board that she does not intend to stand for re-election at the Group's 2026 Annual General Meeting, after completing nearly seven years on the Board. The Company will announce a new Senior Independent Director in due course. Tillkännagivande • Feb 19
Mobico Group Plc to Report Fiscal Year 2025 Results on Feb 26, 2026 Mobico Group Plc announced that they will report fiscal year 2025 results on Feb 26, 2026 Tillkännagivande • Aug 14
Mobico Group Plc to Report First Half, 2025 Results on Sep 09, 2025 Mobico Group Plc announced that they will report first half, 2025 results on Sep 09, 2025 Tillkännagivande • Jul 15
I Squared Capital Advisors, LLC completed the acquisition of National Express LLC from Mobico Group Plc (LSE:MCG). I Squared Capital Advisors, LLC agreed to acquire National Express LLC from Mobico Group Plc (LSE:MCG) for an enterprise value of approximately $610 million on April 25, 2025. Under the terms of the transaction, the enterprise value includes an earn-out of up to $70 million. School Bus contributed approximately $11 million to FY24 Adjusted Operating Profit. It had net assets of approximately $455 million as at 31 December 2024. The acquisition includes all brands associated with National Express School, including Durham School Services, Petermann Bus, and Stock Transportation.
The transaction is subject to regulatory and target board approval, certain customary closing conditions, including anti-trust approvals, and is expected to complete early in the third quarter of 2025. The transaction has been approved by the board of Mobico Group Plc (LSE:MCG). The transaction has been approved by the Surface Transportation Board of United States.
Kyle M. Watson, Claire Campbell, Lucas E. Spivey, Steven M. Keithley, David Wheat, Rebecca L. Fine, J. Robert Fowler and Rebekah Kostelak of Kirkland & Ellis LLP acted as legal advisor to I Squared Capital Advisors, LLC. Gregg Polle, David Llyod, Ed Peel, Michael Ruflin of BofA Securities; Nick Harper, Tom Davies, Dan Howard of Goldman Sachs International; and Anthony Parsons, Alex Thomas, James Hopton of HSBC acted as financial advisors to Mobico Group PLC and I Squared Capital Advisors, LLC. Slaughter and May is acting as UK legal adviser and Foley & Lardner LLP is acting as US legal adviser to Mobico Group Plc. Jefferies Group LLC acted as financial advisor to I Squared Capital Advisors, LLC.
I Squared Capital Advisors, LLC completed the acquisition of National Express LLC from Mobico Group Plc (LSE:MCG) on July 14, 2025. Net upfront proceeds at closing were $364 million to reduce the Mobico Group's debt, with an additional $70 million earn-out contingent on achieving specific revenue, EBITDA, and free cash flow targets. Tillkännagivande • Jun 24
Mobico Group plc Announces Chief Financial Officer Changes Mobico Group Plc announced the appointment of Brian Egan as permanent Group Chief Financial Officer ("CFO"). Brian has over 25 years' CFO experience having held positions at international organisations, including, Jefferson Smurfit, Petropavlovsk, Dangote Cement, and Coca-Cola. Brian is a qualified Chartered Accountant, having started his career at KPMG. Brian joins the Group and the Board June 24, 2025. He replaces Helen Cowing who has served as Group Chief Financial Officer on an interim basis for the last twelve months. Tillkännagivande • Apr 30
Mobico Group Plc, Annual General Meeting, Jun 09, 2025 Mobico Group Plc, Annual General Meeting, Jun 09, 2025. Location: the bevan suite at bma house, british medical association, tavistock square, wc1h 9jp, london United Kingdom Tillkännagivande • Apr 26
I Squared Capital Advisors, LLC agreed to acquire National Express LLC from Mobico Group Plc (LSE:MCG). I Squared Capital Advisors, LLC agreed to acquire National Express LLC from Mobico Group Plc (LSE:MCG) on April 25, 2025. The acquisition includes all brands associated with National Express School, including Durham School Services, Petermann Bus, and Stock Transportation. The transaction is expected to close in the third quarter of 2025. Tillkännagivande • Apr 23
Mobico Group Plc to Report Fiscal Year 2024 Results on Apr 29, 2025 Mobico Group Plc announced that they will report fiscal year 2024 results at 8:00 AM, GMT Standard Time on Apr 29, 2025 Tillkännagivande • Mar 27
Mobico Group plc Announces Board Changes Mobico Group plc to announced the appointment of Phil White as Chair of the Board with effect from 1 May 2025 when, as previously announced, Helen Weir will now also leave the Board. Phil has over 40 years' experience in the transport sector and has held a range of non-executive roles across different industries. He was previously CEO of National Express Group plc between 1997 and 2006, during which time he expanded the business internationally and oversaw the transformational acquisition of Alsa. He has also held a variety of board positions across the wider transport industry, including Yorkshire Rider, Travel West Midlands, Stagecoach, Shearings and Porterbrook. Other previous non-executive roles include chairing Unite Group plc, Lookers plc and Kier Group plc. Phil is currently Senior Independent Director at Vp plc, the specialist equipment rental company, but will stand down from this role on 30 June 2025. Tillkännagivande • Feb 04
Mobico Group plc Announces Helen Weir, Chair, Intend to Not Stand for Re-Election Mobico Group plc announced that Helen Weir, Chair of Mobico, has informed the Board that for personal reasons she does not intend to stand for re-election as a member of the Mobico Board at the Group's 2025 Annual General Meeting ("AGM"). The search for Helen's successor will be led by the Nominations Committee together with an external search firm. Reported Earnings • Aug 22
First half 2024 earnings released: UK£0.029 loss per share (vs UK£0.10 loss in 1H 2023) First half 2024 results: UK£0.029 loss per share (improved from UK£0.10 loss in 1H 2023). Revenue: UK£1.65b (up 5.4% from 1H 2023). Net loss: UK£17.7m (loss narrowed 72% from 1H 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Jul 23
Mobico Group Plc Announces Committee Changes Mobico Group Plc announced that Karen Geary will step down as Chair of the Remuneration Committee with effect from 1 August 2024. Karen will remain as a member of the Remuneration Committee and as the Senior Independent Director. Nigel Pocklington, a current Non-Executive Director and member of the Remuneration and Sustainability Committees, shall assume the role of Chair of the Remuneration Committee with effect from 1 August 2024. Tillkännagivande • Jun 18
Mobico Group Plc to Report First Half, 2024 Results on Aug 21, 2024 Mobico Group Plc announced that they will report first half, 2024 results on Aug 21, 2024 Tillkännagivande • Apr 30
Mobico Group Plc Announces Board and Committee Changes Mobico Group plc confirmed that Enrique Dupuy de Lome Chávarri, a current Non-Executive Director and member of the Audit Committee, will assume the role of Chair of the Audit Committee with effect from the conclusion of the Company's 2024 Annual General Meeting on 11 June 2024. Enrique will, at the same time, become a member of the Nominations Committee. As previously announced, Mike McKeon, currently Chair of the Audit Committee, will stand down from the Board at the conclusion of the 2024 Annual General Meeting on 11 June 2024. Mike has served for almost nine years, having been first appointed to the Board in July 2015. Recent Insider Transactions • Apr 29
Insider recently bought €58k worth of stock On the 26th of April, Simon Callander bought around 93k shares on-market at roughly €0.62 per share. This transaction amounted to 61% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €353k more in shares than they have sold in the last 12 months. Tillkännagivande • Apr 23
Mobico Group Plc, Annual General Meeting, Jun 11, 2024 Mobico Group Plc, Annual General Meeting, Jun 11, 2024. Reported Earnings • Apr 22
Full year 2023 earnings released: UK£0.30 loss per share (vs UK£0.40 loss in FY 2022) Full year 2023 results: UK£0.30 loss per share (improved from UK£0.40 loss in FY 2022). Revenue: UK£3.15b (up 12% from FY 2022). Net loss: UK£163.8m (loss narrowed 33% from FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Tillkännagivande • Apr 19
Mobico Group Plc to Report Fiscal Year 2023 Results on Apr 22, 2024 Mobico Group Plc announced that they will report fiscal year 2023 results on Apr 22, 2024 Tillkännagivande • Feb 01
Mobico Group Plc to Report Fiscal Year 2023 Results on Feb 29, 2024 Mobico Group Plc announced that they will report fiscal year 2023 results on Feb 29, 2024 Tillkännagivande • Oct 31
Mobico Group plc Announces the Appointment of Enrique Dupuy De Lome Chávarri to the Board as an Independent Non-Executive Director with Effect from 1 November 2023 Mobico Group plc announced the appointment of Enrique Dupuy de Lome Chávarri to the Board as an independent Non-Executive Director with effect from 1 November 2023. Enrique will become a member of the Audit Committee upon his appointment, with the intention that he will take over as Chair of the Audit Committee when Mike McKeon steps down from the Board at the Annual General Meeting in 2024 having served almost nine years. Enrique is currently a Non-Executive Director and Chair of the Audit & Risk Committee at Wizz Air Holdings PLC, the UK listed airline group. Prior to this, he was the Group Chief Financial Officer at International Consolidated Airlines Group SA (IAG) and the Spanish airline Iberia. He has also previously held a number of Non-Executive roles at Amadeus IT Group, S.A, British Airways plc and Iberia Lineas Aereas de España, S.A. New Risk • Oct 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Paying a dividend despite being loss-making. Tillkännagivande • Jul 28
Mobico Group Plc Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 1 September 2023 The Board of Mobico Group Plc has announced an interim dividend of 1.7 pence, which is in line with its previously communicated policy that the Group's interim dividend will be set at a level equivalent to approximately one third of the prior full year dividend. The Group's policy is to maintain a dividend cover ratio in excess of two times. The interim dividend will be paid on 1 September 2023 to shareholders on the register at the close of business on 4 August 2023. Reported Earnings • Jul 28
First half 2023 earnings released: UK£0.083 loss per share (vs UK£0.003 profit in 1H 2022) First half 2023 results: UK£0.083 loss per share (down from UK£0.003 profit in 1H 2022). Revenue: UK£1.57b (up 19% from 1H 2022). Net loss: UK£51.1m (down UK£52.8m from profit in 1H 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year. Tillkännagivande • Jul 18
Mobico Group plc Announces Directorate Changes Mobico Group plc announced the appointment of Nigel Pocklington as an independent Non-Executive Director with effect from 1 August 2023. Nigel is currently Chief Executive Officer of Good Energy Group plc, the renewable energy services company, and is also Senior Independent Director and Remuneration Committee Chair at Kin and Carta plc, the global digital transformation consultancy. He was previously Chief Commercial Officer at Moneysupermarket.com Group plc and before that held a number of roles with Expedia, the online travel company. Matthew Crummack, currently Mobico's Senior Independent Director, will stand down from the Board on 31 July 2023 having completed over eight years' service as an independent Non-Executive Director. Karen Geary (current independent Non-Executive Director and Chair of the Remuneration Committee of Mobico) has been appointed Senior Independent Director with effect from 1 August 2023. Mike was appointed to the Board in July 2015 and will reach nine years of service in July 2024. Mike has agreed to remain as Chair of the Audit Committee until the Annual General Meeting in 2024 in order to ensure a smooth and orderly transition of responsibilities to the new Chair of the Audit Committee. Recent Insider Transactions • Jun 04
Independent Non-Executive Chairman recently bought €56k worth of stock On the 31st of May, Helen Weir bought around 45k shares on-market at roughly €1.24 per share. This transaction increased Helen's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Helen has been a buyer over the last 12 months, purchasing a net total of €111k worth in shares. Tillkännagivande • Jun 02
National Express Group PLC to Report First Half, 2023 Results on Jul 27, 2023 National Express Group PLC announced that they will report first half, 2023 results on Jul 27, 2023 Tillkännagivande • May 11
National Express Group plc Approves to Declare A Full Year 2022 Dividend National Express Group PLC at it's AGM approved to declare a full year 2022 dividend of 5.0 pence per ordinary share. Upcoming Dividend • Apr 06
Upcoming dividend of UK£0.05 per share at 4.1% yield Eligible shareholders must have bought the stock before 13 April 2023. Payment date: 15 May 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.0%). Reported Earnings • Mar 03
Full year 2022 earnings released: UK£0.40 loss per share (vs UK£0.17 loss in FY 2021) Full year 2022 results: UK£0.40 loss per share (further deteriorated from UK£0.17 loss in FY 2021). Revenue: UK£2.81b (up 29% from FY 2021). Net loss: UK£243.1m (loss widened 137% from FY 2021). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Transportation industry in Europe. Over the last 3 years on average, earnings per share has fallen by 36% per year whereas the company’s share price has fallen by 34% per year. Tillkännagivande • Jan 26
National Express Group PLC Provides Revenue Guidance for the Second Half and Full Year 2022 National Express Group PLC provided revenue guidance for the second half and full year 2022. for the half year, the group’s total revenues are expected to be up by approximately 47% compared with the same period last year, with organic revenue growth of 12%.For the year, the group’s total revenues are expected to be up by approximately 55% compared with the same period last year, with organic revenue growth of 20%. Tillkännagivande • Dec 05
National Express Group plc Appoints James Stamp as Group CFO National Express Group PLC announced that, following a thorough search process which considered both internal and external candidates, the Board has appointed James Stamp as Group Chief Financial Officer ("CFO") with immediate effect. James has served in the role of Interim Group CFO and been a member of the Board since 1 November 2022. James joined the Company in July 2017. Prior to his appointment as Interim Group CFO, James had served as Chief Financial Officer of National Express' UK & Germany Division and as Group Commercial and Strategy Director, where he led work on the Evolve strategy. He is a qualified chartered accountant with over 25 years' experience in finance and consulting having previously been a Partner at KPMG where he led their Transport Practice. Board Change • Dec 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Interim Group CFO & Director James Stamp was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 10
National Express Group plc Announces CFO Changes National Express Group PLC announces that Chris Davies, Group Chief Financial Officer, has informed the Board of his intention to take up the role of Group Chief Financial Officer at Diploma PLC. The Board has commenced a search to identify a successor. Chris joined National Express in May 2017 as a member of the Board and Group Executive team, and played a key role in setting the Company's Evolve strategy, its strong recovery post pandemic and the ongoing transition of its fleet to zero emission vehicles. He is subject to a six month notice period and will work with the Board and the Group Executive to ensure a smooth transition. Reported Earnings • Jul 29
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up UK£35.7m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the next year, revenue is forecast to grow 14%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 12
National Express Group PLC Announces Committee Changes National Express Group PLC announced that the Company has created a Sustainability Committee in place of its Safety & Environment Committee. The Sustainability Committee's remit includes environment, social and governance responsibilities as more fully described in its terms of reference which will be available on the Company's website shortly. Safety matters will revert to, and be overseen by, the main Board of the Company. Carolyn Flowers will assume the role of Chair of the Company's Sustainability Committee with immediate effect, and Karen Geary and Jorge Cosmen shall become members with immediate effect. The Chair of the disbanded Safety & Environment Committee, Sir John Armitt, remains as Chairman of the Board. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Carolyn Flowers was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 19
Group CEO & Director recently bought €155k worth of stock On the 17th of March, Jose Garat bought around 55k shares on-market at roughly €2.80 per share. This was the largest purchase by an insider in the last 3 months. Jose has been a buyer over the last 12 months, purchasing a net total of €178k worth in shares. Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: UK£0.17 loss per share (up from UK£0.58 loss in FY 2020). Revenue: UK£2.17b (up 11% from FY 2020). Net loss: UK£81.6m (loss narrowed 76% from FY 2020). Revenue missed analyst estimates by 4.1%. Over the next year, revenue is forecast to grow 30%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Executive Departure • Dec 05
Independent Non-Executive Director Ashley Steel has left the company On the 3rd of December, Ashley Steel's tenure as Independent Non-Executive Director ended after 5.9 years in the role. As of September 2021, Ashley still personally held 32.87k shares (€94k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.50 years. Reported Earnings • Jul 31
First half 2021 earnings released: UK£0.058 loss per share (vs UK£0.17 loss in 1H 2020) The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: UK£992.4m (down 3.8% from 1H 2020). Net loss: UK£35.7m (loss narrowed 62% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Board Change • Jul 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Carolyn Flowers was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Jun 23
National Express Group PLC (LSE:NEX) acquired Transportes Rober Sa for €13 million. National Express Group PLC (LSE:NEX) acquired Transportes Rober Sa for €13 million on June 22, 2021. Consideration value represents 2.6 times EBITDA.
National Express Group PLC (LSE:NEX) completed the acquisition of Transportes Rober Sa on June 22, 2021. Tillkännagivande • May 12
National Express Group plc Provides Earnings Guidance for the First Half of 2021 National Express Group PLC provided earnings guidance for the first half of 2021. Given the ongoing restrictions on travel, the company continue to anticipate first half performance to be at least in line with that delivered in the second half of 2020. Reported Earnings • Apr 11
Full year 2020 earnings released: UK£0.58 loss per share (vs UK£0.28 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£1.96b (down 29% from FY 2019). Net loss: UK£333.8m (down 337% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 20
Board Member recently bought €57k worth of stock On the 18th of March, Matthew Crummack bought around 16k shares on-market at roughly €3.55 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.3m more in shares than they bought in the last 12 months. Reported Earnings • Mar 19
Full year 2020 earnings released: UK£0.58 loss per share (vs UK£0.28 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£1.96b (down 29% from FY 2019). Net loss: UK£331.7m (down 335% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 78% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 24
National Express Group PLC to Report First Half, 2021 Results on Jul 29, 2021 National Express Group PLC announced that they will report first half, 2021 results on Jul 29, 2021 Is New 90 Day High Low • Feb 23
New 90-day high: €3.62 The company is up 36% from its price of €2.66 on 25 November 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.72 per share. Is New 90 Day High Low • Feb 05
New 90-day high: €3.22 The company is up 84% from its price of €1.75 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.55 per share. Is New 90 Day High Low • Jan 21
New 90-day high: €3.10 The company is up 84% from its price of €1.69 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.57 per share. Tillkännagivande • Dec 19
National Express Group PLC, Annual General Meeting, May 12, 2021 National Express Group PLC, Annual General Meeting, May 12, 2021. Is New 90 Day High Low • Dec 04
New 90-day high: €3.06 The company is up 130% from its price of €1.33 on 04 September 2020. The German market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.55 per share. Tillkännagivande • Nov 26
National Express Group PLC Announces Directorate Change National Express Group PLC announced that Lee Sander will step down as Non-Executive Director of the Company with effect from 30 December 2020. Lee has served on the Company's Board for nine years, and currently sits on the Safety & Environment Committee. Chris Muntwyler will also step down as a Non-Executive Director of the Company with effect from 30 December 2020. Chris will assume the role of adviser to the Board on safety and environmental matters from 1 January 2021, for at least 12 months, and will be co-opted to the Safety & Environment Committee in that capacity, with Sir John Armitt assuming the role of chair of the Safety & Environment Committee effective from 30 December 2020. Is New 90 Day High Low • Nov 19
New 90-day high: €2.72 The company is up 86% from its price of €1.46 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Transportation industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.38 per share. Tillkännagivande • Nov 06
National Express Group PLC Announces Change to Chair of Nominations Committee National Express Group PLC announced that Jorge Cosmen, the Deputy Chairman of the Board, will assume the role of Chair of the Company's Nominations Committee, with immediate effect. Incumbent Chair of the Nominations Committee, Sir John Armitt, remains as Chairman of the Board. The Nominations Committee remains comprised of a majority of independent Non-Executive Directors. Tillkännagivande • Oct 13
National Express Group plc Appoints Jose Ignacio Garat as Group Chief Executive with Effect from 1 November 2020 National Express Group PLC announced the appointment of Jose Ignacio Garat as Group Chief Executive with effect from 1 November 2020. Chris Davies will step down as interim Group Chief Executive from this date but remain as Group Finance Director. Ignacio was, until recently, Senior Vice President Southern Europe, France and Benelux Operations for FedEx. In his senior leadership positions in TNT and then FedEx, among a number of senior positions, Ignacio led the transformation of a multi-billion dollar business with operations in 22 countries and 22,000 staff, positioning it for strong international growth. Ignacio has demonstrated strong operational, M&A and strategic leadership, with a particular emphasis on safety and using technology to drive service excellence and efficiency. Tillkännagivande • Aug 19
National Express Group plc Announces Retirement of Dean Finch as Group Chief Executive Officer, Effective August 31, 2020 National Express Group plc announced the retirement of Dean Finch as a Group Chief Executive Officer effective from August 31, 2020. Tillkännagivande • Aug 16
National Express Group PLC Not to Provide Earnings Guidance for 2020 National Express Group PLC announced that given the uncertainty on the impact and duration of Covid-19, the company is not currently providing profit guidance for 2020. Tillkännagivande • Aug 13
National Express Group PLC Not to Be Pay Dividend in 2020 In light of these exceptional circumstances, National Express Group PLC will not be paying a dividend in 2020 and has committed to such in return for obtaining waivers on banking and private placement covenant tests.