Mobico Group PLC 2023 AR2
The report highlights Mobico Group's performance for the fiscal year 2023, during which the company achieved a 12.2% revenue growth to £3,150.9 million, driven by passenger volume increases and pricing recovery. Despite this top-line growth, the group faced significant inflationary headwinds, particularly from driver wage increases, resulting in an adjusted operating profit decrease to £168.6 million and a statutory operating loss of £21.4 million. Mobico Group made notable progress in its transition to zero-emission vehicles, increasing its fleet to 915 ZEVs in service or on order. Additionally, the company successfully launched its 'Accelerate' cost-efficiency programmes and formally verified its new near-term emissions reduction targets with the Science Based Targets initiative.
Company: Mobico Group PLC
Sector: Transport & logistics
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 258
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Mobico Group PLC
Annual Report And Accounts
The report highlights Mobico Group's performance for the fiscal year 2023, during which the company achieved a 12.2% revenue growth to £3,150.9 million, driven by passenger volume increases and pricing recovery. Despite this top-line growth, the group faced significant inflationary headwinds, particularly from driver wage increases, resulting in an adjusted operating profit decrease to £168.6 million and a statutory operating loss of £21.4 million. Mobico Group made notable progress in its transition to zero-emission vehicles, increasing its fleet to 915 ZEVs in service or on order. Additionally, the company successfully launched its 'Accelerate' cost-efficiency programmes and formally verified its new near-term emissions reduction targets with the Science Based Targets initiative.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
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
Workplace Fatalities
Net Zero Target
Employees