Mobico Group Plc (MCG) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to our 12-month unaudited results presentation. As you know, I'm Phil White. I'm executive chair of Mobico. Introducing to my colleagues, we've got Brian Egan, who is our CFO, and Paco, who is our COO. You've met all three of us before at our half-year results. And you can remember at that time, we weren't really in the best of places. and at that time you will recall that only one of our five divisions of ZEN was really making any real money. Today we're here to talk to you about the stability we've brought to the business as well as the momentum being gradually built up as we implement our Simplify for Success programme. An apology first, I'm sorry that the results we are presenting today are unaudited but as you know We were left without an auditor late in the day last year, but I'm really pleased to say that we now have KPMG on board. That's a big win, believe it or not, getting an auditor. I know I'll probably be cancelled by our advisors for saying this, but please forgive me. I will only use the word unaudited once. because I could use it in every sentence as we go along so and I think the same applies to the word adjusted so forgive me on that because I don't want to be here all day and I'm sure you don't want to be here all day too the reporting schedule again for this year is quite complex and we'll spend most of 2026 would you believe in close periods but Brian will explain the schedule in more detail As is usual, I'll start with the highlights. Brian will follow on the finance review, and then Paco will do all the operational stuff. But let's start with the highlights first, guys. As you can see, we've delivered significant progress in 2025. Revenue increased by 6% to $2.8 billion, while adjusted operating profit increased ...