Mobico Group PLC 2021 AR2
The report highlights National Express Group's transition and recovery in 2021, with revenues increasing by 11.0% to £2,170.3 million and a return to an underlying operating profit of £87.0 million. The company launched its new Evolve strategy, aiming to lead the modal shift from private cars to mass transit and setting a net zero target for Scope 1 and 2 emissions by 2040. National Express also expanded its zero-emission fleet, including the launch of hydrogen buses in the UK and Spain, and secured its first 'availability' contract for electric vehicles. Despite challenges such as driver shortages in North America, the group achieved significant cash generation with £123.4 million in free cash flow.
Company: Mobico Group PLC
Sector: Transport & logistics
Country: United Kingdom
Year: 2021
Type: AR2
Pages: 232
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Mobico Group PLC
Annual Report
The report highlights National Express Group's transition and recovery in 2021, with revenues increasing by 11.0% to £2,170.3 million and a return to an underlying operating profit of £87.0 million. The company launched its new Evolve strategy, aiming to lead the modal shift from private cars to mass transit and setting a net zero target for Scope 1 and 2 emissions by 2040. National Express also expanded its zero-emission fleet, including the launch of hydrogen buses in the UK and Spain, and secured its first 'availability' contract for electric vehicles. Despite challenges such as driver shortages in North America, the group achieved significant cash generation with £123.4 million in free cash flow.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees