National Express Group PLC
NEX.L
London Stock Exchange108.30
GBp
-1.90
- -
National Express Group PLC
NEX.L
(London Stock Exchange)
Recent
price
108.30
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Mobico Group PLC (formerly National Express Group PLC), a leading international shared mobility provider, operates bus, coach, rail, transit, and shuttle services across 11 countries including the United Kingdom, North America, continental Europe, North Africa, and the Middle East; headquartered in Birmingham, England, with origins tracing to UK coach services launched in 1972 and a London Stock Exchange listing in 1992. The company delivers urban bus operations, regional and long-haul coach services, private hire and charter coaches, corporate shuttles, student transportation, commuter rail lines, and airport transfers through key brands and divisions such as National Express for UK scheduled coaches and West Midlands buses; ALSA for road passenger transport in Spain, Morocco, Portugal, Switzerland, and Saudi Arabia; WeDriveU for North American transit, shuttle, and campus services; and German Rail for suburban commuter lines in North Rhine-Westphalia, Rhineland-Palatinate, and Hesse using zero-emission trains. It manages a fleet of approximately 13,900 vehicles, serves 25 billion passenger kilometers annually with 33,000 employees, and emphasizes fleet decarbonization including electric and hydrogen technologies alongside expansion into new urban markets. In recent developments, Mobico rebranded from National Express Group PLC in June 2023 to better reflect its multi-modal global operations, while retaining customer-facing brands like National Express, ALSA, and WeDriveU; sold its North America School Bus division (NEXS, encompassing Durham School Services, Petermann Bus, and Stock Transportation) to I Squared Capital in 2025 for debt reduction; divested four UK coach operators (Lucketts Travel, Worthing Coaches, Clarkes of London, and The Kings Ferry) to Coach Travel Group in 2025 to streamline focus; won 36 new contracts worth £766m in annualised revenue in 2024 including urban bus and rail expansions; enhanced UK coach networks such as Bristol-Birmingham via Cheltenham and secured London Stansted Airport contracts with electric coach trials; and advanced operational repositioning in challenged segments like UK Bus, UK Coach, and German Rail alongside zero-emission vehicle deployments.