Mobico's School-Bus Business Low Disposal Value Concerns Investors -- Market Talk

Dow Jones
04-29

0911 GMT - Mobico investors' attention has focused on the low disposal value of it North America school-bus business and the resulting limited initial scope of develerage, Jefferies analysts say in a note. The transaction has an enterprise value of $608 million, compared with Jefferies' expectations of a $650 million to $1.57 billion range. The share price has fallen around 45% since the announcement and the trading update offers little respite on deleverage concerns as the company now aims to keep its debt at a level that is 1.5 to 2.0 times its Ebitda "over time" versus a previous "by 2027." Shares are down 0.8% at 33.30 pence and are down 58% in the year to date. (anthony.orunagoriainoff@dowjones.com)

 

(END) Dow Jones Newswires

April 29, 2025 05:11 ET (09:11 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10