Mobico Group (GB:MCG) has released an update.
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Mobico Group PLC reports a robust first half for 2024, with a 7.6% increase in revenue and a significant improvement in adjusted operating profit of 23.8%, reaching £71.2 million. The company has maintained its adjusted operating profit forecast for the full year at £185 million to £205 million, while emphasizing ongoing initiatives aimed at reducing leverage and debt, including the sale of its North American School Bus division.
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