Raft of bad news sends Mobico shares 62% lower year-to-date
National Express coach owner Mobico (MCG) has seen its shares fall 85% over the past five years as recovery remains slow since the Covid pandemic. Last March it lowered annual profit guidance and delayed the publication of its results due to audit issues at its German business. Fast forward to 29 April this year and Mobico's chief executive Ignacio Garat announced he was stepping down 'with...