Mobico Group Plc (MCG) Q2 2025 Earnings Call

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WEBVTT 00:00:00.352 -- 00:00:03.476 Good morning everyone. Excuse me. I'm Phil White. 00:00:03.476 -- 00:00:06.838 I'm executive chair of Mobico. 00:00:07.622 -- 00:00:12.709 Welcome to our 2025 half year results presentation. 00:00:12.709 -- 00:00:16.414 Now I'm not standing at the podium today. A few weeks ago I had an operation on my knee. 00:00:16.414 -- 00:00:20.700 I've got a new knee. And the last thing I want to do is stand up there and fall over. 00:00:20.700 -- 00:00:24.666 That will make the wrong headlines. Okay. So you'll have to bear with me if I sit down. 00:00:24.666 -- 00:00:28.771 So sorry for this. So anyway, 00:00:28.771 -- 00:00:34.025 can I first introduce My colleague sat next to me, on my left, is Brian 00:00:34.025 -- 00:00:38.388 Egan, who's just joined us as CFO. 00:00:38.570 -- 00:00:43.796 Brian's got a lot of experience in many difficult businesses in many difficult countries, 00:00:43.796 -- 00:00:46.678 so he's definitely the right guy for us at the moment. 00:00:46.678 -- 00:00:51.764 You'll find that he's a very softly spoken, polite, gentle, gentle Irishman 00:00:51.764 -- 00:00:56.829 from Dublin. But believe me, don't be fooled by that, he's nothing of the sort. 00:00:56.829 -- 00:00:59.937 Anybody who worked with him in the room... 00:00:59.937 -- 00:01:05.163 Well, no, he's as absolutely hard as nails, especially when you're negotiating 00:01:05.163 -- 00:01:10.329 fees with him. Okay? So don't be fooled. On my right is Paco, Paco 00:01:10.329 -- 00:01:15.595 Iglesias. Paco is our new, well, not new, but in this year, 00:01:15.595 -- 00:01:20.961 our group chief operating officer. He's also been chief executive of ALSA 00:01:20.961 -- 00:01:25.786 for nearly 10 years. Now, you only have to look at the results of ALSA for the las...