Mobico Group PLC (OTCPK:NXPGF)

$ 0.61 -0.47 (-43.52%) Market Cap: 367.40 Mil Enterprise Value: 1.89 Bil PE Ratio: 0 PB Ratio: 0.28 GF Score: 69/100

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$1.08

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$2.25 (-25.25%)

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Q1 2023 National Express Group PLC Trading Statement Call Transcript

Apr 19, 2023 / 08:00AM GMT

Release Date Price: $1.45

Transcript

Operator

Good morning, and welcome to the National Express Q1 Trading Update. My name is Charlie and I'll be coordinating the call today. (Operator Instructions) I will now hand over to your host, James Stamp, Chief Financial Officer, to begin. James, please go ahead.

James Stamp

National Express Group PLC - Group CFO & Director

Thank you, Charlie, and good morning, everybody. This is James Dan here. I'll just give you a couple you've seen the announcement. I'll just give you a quick run-through of what I think the headlines are and then I cannot see Q&A. So, as I say, in the headline, we're really not expecting in order to move the numbers as a result of this update. Our outlook is unchanged. The key messages are that Q1 revenues are up significantly, both on a constant currency basis 17%, another reported basis 25% of $74 million. That is in line with our expectations. It partly reflects, of course, the fact that Q1 of prior year was impacted by Omicron. -- but underlying working a continuation of the positive trends that we've been seeing throughout the final

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