Why Mobico shares keep on falling
Shares down 55% over the past yearAnnual group pre-tax loss of £98.3 millionSlow post-pandemic recoveryShares in Mobico (MCG) were down over 8% to 54p in morning trading despite the bus and rail business reporting a 12.2% rise in group full year revenue to £3.15 billion, driven by improved passenger volumes, route recovery and pricing.The transport group however made a group pre-tax loss of £98