Mobico Group PLC (FRA:3NA)
€ 0.96 0.015 (1.59%) Market Cap: 585.80 Mil Enterprise Value: 2.10 Bil PE Ratio: 0 PB Ratio: 0.47 GF Score: 65/100

National Express Group PLC to Discuss Combination with Stagecoach Group PLC Call Transcript

Dec 14, 2021 / 10:00AM GMT
Release Date Price: €2.73 (-2.92%)
Jose Ignacio Garat
National Express Group PLC - Group CEO & Director

Good morning, everyone. I'm delighted that you have joined us this morning as we have announced the recommended combination between National Express and Stagecoach. I will walk you through the combination highlights, both for our U.K. business as well as for the wider National Express Group. Tom Stables, who runs our National Express U.K. business will talk you through the strategic rationale of the multitude of opportunities this combination yields in the U.K.

Chris will then walk you through the attractive financial impact of the business, including the accelerated capacity for growth investment across the diversified portfolio. And finally, I'm really pleased to welcome Ray O'Toole as current Chairman of Stagecoach and former Chief Operating Officer of National Express until 2010. Ray has a unique perspective across both businesses and will take over from Sir John Armitt as Chairman of the combined group upon completion.

Moving to Slide 2. As I said out at our Capital Markets Day a few weeks ago, we are very

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot