Mobico - Q&A

We were very pleased with the strong attendance at our latest Live Discussion – thank you for joining us! It was great to see your lively engagement throughout the session. As you are aware, we are bullish on Mobico over the coming 12 Months. We have discussed a variety of fundamental reasons, including significant asset cover - be it from buses or going by subsidiary (ALSA), but the most striking statistic to us is the top-down view of the scale of the task. Mobico will have €1 of cash for every €2.5 it'll want to reschedule. That’s a lot of flexibility.

Mobico Credit Research, Analysis, Capital Structure
Wolfgang Felix