Mobico Group PLC (FRA:3NA)
€ 0.92 0.065 (7.6%) Market Cap: 581.53 Mil Enterprise Value: 2.09 Bil PE Ratio: 0 PB Ratio: 0.47 GF Score: 65/100

Q3 2019 National Express Group PLC Trading Statement Call Transcript

Oct 17, 2019 / 08:00AM GMT
Release Date Price: €5.41 (+5.05%)
Operator

Hello, and welcome to the National Express Group PLC Third Quarter Trading Update. (Operator Instructions) And just to remind you, this conference call is being recorded. Today, I'm pleased to present Dean Finch, CEO; and Chris Davies, Finance Director. Please go ahead with your meeting.

Dean Finch
National Express Group PLC - Group CEO & Executive Director

Good morning, everybody, and thank you for joining the call today. As usual, I'll just say a few words and then open it up to Q&A.

I've got 3 key points I want to make. Summer trading, Spanish concession renewal and where we are on certain contract retentions and wins.

Starting then with summer trading. We had a good summer trading period. I was very pleased with our performance. The performance in Spain was fabulous, and as you can see from the numbers, the passenger growth was incredible. And that was across the board, really. I mean obviously, we had a boost from start-up in Rabat in Morocco, but Spain was also very strong. And we saw strong underlying demand, excellent

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