Mobico Group Plc (MCG) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone. Excuse me. I'm Phil White. I'm executive chair of Mobico. Welcome to our 2025 half year results presentation. Now I'm not standing at the podium today. A few weeks ago I had an operation on my knee. I've got a new knee. And the last thing I want to do is stand up there and fall over. That will make the wrong headlines. Okay. So you'll have to bear with me if I sit down. So sorry for this. So anyway, can I first introduce My colleague sat next to me, on my left, is Brian Egan, who's just joined us as CFO. Brian's got a lot of experience in many difficult businesses in many difficult countries, so he's definitely the right guy for us at the moment. You'll find that he's a very softly spoken, polite, gentle, gentle Irishman from Dublin. But believe me, don't be fooled by that, he's nothing of the sort. Anybody who worked with him in the room... Well, no, he's as absolutely hard as nails, especially when you're negotiating fees with him. Okay? So don't be fooled. On my right is Paco, Paco Iglesias. Paco is our new, well, not new, but in this year, our group chief operating officer. He's also been chief executive of ALSA for nearly 10 years. Now, you only have to look at the results of ALSA for the last 10 years, which are absolutely stunning. And they continue to be so. So that's all down to Paco and his team. Welcome. All three of us are from three different countries. We've got an Irishman, a Yorkshireman, our own country, and we've got a Spaniard. But we've got one thing in common, although we speak differently. We've all joined the board this year in 2025. So what you see before you today is a brand new team. We set ourselves various commitments. The first thing I did was go around our shareholders and speak to them and introduce myself to try ...