Transport operator Mobico Group Plc (MCG.L,NXPGF) reported that its group revenue for the first quarter of 2025 rose 9% from the prior year, driven by continued passenger demand growth. The company stated that its organic cash improvement and debt reduction initiatives remain on track to deliver an additional 25 million pounds in cash, as targeted for fiscal year 2025.
In its trading update for the period from January 1, 2025, to March 31, 2025, ALSA reported a 13% increase in revenues compared to the first quarter of 2024. At constant currency, revenue growth stood at 16%., reflecting continued good growth across the portfolio.
The company's North America region revenue for the first quarter grew by 13% compared to the first quarter of 2024. This increase was primarily driven by higher billable hours in WeDriveU across multiple contracts, along with the ongoing impact of rate adjustments and expanded routes in the School Bus segment.
The company's United Kingdom region revenue declined by 2% compared to the first quarter of 2024. The business remains focused on executing a large-scale, complex turnaround, aiming to drive long-term improvements.
In Germany, revenue declined by 3% compared to the first quarter of 2024. This decrease was primarily driven by higher penalties resulting from cancellations caused by sector-wide driver shortages.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.