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National Express Group PLC (NEX.L)

LSE - LSE Delayed price. Currency in GBp
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236.20+4.40 (+1.90%)
At close: 4:35PM BST
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  • P
    Paul
    any news on Stagecoach deal? what could bring this one back to 300.00 at least?
  • G
    George
    Dear fund managers and institutions: Please have mercy on us and buy this stock- this blood shed is painful.
  • W
    Will
    No reason for this drop… buying opportunity imo
  • G
    George
    you kidding me? i just sold 100 shares yesterday, FML
  • K
    K
    Not worried at all, one year from today it will look like missed opportunity for ppl who are selling. Good luck and have fun, boys
  • G
    Ged
    Nx coaches still running a reduced service at the moment. Plenty of potential upturn.
  • G
    George
    ouch
  • G
    George
    Half Year results for the six months ended 30 June 2021 - National Express Group PLC
    www.nationalexpressgroup.com
  • G
    George
    Group Revenue: £0.99bn
    Group EBITDA: £128.2m
    Group Underlying Operating Profit/(Loss): £22.9m
    Group Underlying Profit/(Loss) Before Tax: £0.1m
    Underlying basic EPS: (2.1p)
    Free cash flow: £40.6m
    Net debt2: £1,004.4m
  • G
    George
    Please stay green today...
  • S
    Sara
    Why the drop ?! I can’t see much wrong with their report ..
  • A
    Allan
    Everyone on the bus?
  • P
    Paul
    what's the bad news though?
  • G
    George
    +14% over the last 5 days
  • S
    Sara
    Thought there would have been more of an incline instead of struggling to hold above 270 .. let’s see what tomorrow brings ..
  • S
    Solfer
    All things considered, a great set of results and outlook. Wish I'd added yesterday now!
  • G
    George
    12th May 2021 Trading update download PDF: https://www.nationalexpressgroup.com/media/4397/2021-trading-update-120521.pdf

    https://www.nationalexpressgroup.com/newsmedia/corporate-news/2021/trading-update/

    Ignacio Garat, Group Chief Executive, said:

    “I am pleased to see the continued improving performance trajectory across our business in the first four months of 2021 despite the ongoing lockdown restrictions. It is very encouraging to see the positive impact on profit delivery of the management actions taken last year.

    I remain grateful for the tireless work and commitment of our colleagues, and for the ongoing support we continue to receive from both customers and authorities, once again demonstrating the strength of the relationships we have built over the years. Progress has been made on a number of the ‘big deltas’ outlined at the full year results presentation including the mobilisation of new fleet in Casablanca and the launch of new standard operating procedures in North America School Bus, already delivering financial benefits as part of our ‘Driving Excellence’ programme.

    Whilst we remain focused on managing what we can control, we remain confident that as restrictions across the world are lifted we will see a strong recovery in demand for our services.”
    Trading Update - National Express Group PLC
    www.nationalexpressgroup.com
  • K
    K
    If you are wondering why NEX is down today, its because swing sellers cashing out decent earnings report.

    Honestly if we finish above 3£, going to be a strong sign stock might reach 4£ even before Holiday season. I was expecting ~2.95 after earnings report. Surprised so far stock is showing so much resistance.
  • G
    George
    *UPDATE* National Express is pleased to announce the acquisition of Transportes Rober (Rober) in Spain for a headline consideration of #$%$13 million, which represents 2.6 times EBITDA.The acquisition of Rober, which has operated the urban bus contract in Granada for more than 20 years, represents a further step in consolidating the regional and urban bus markets, a strategy which ALSA has successfully executed in Galicia, the Basque Region and Leon amongst others. Granada is a major hub for long haul connections and builds on ALSA?s existing urban business in Almeria and regional services, consolidating our leadership position in Andalusia with a combined fleet of 650 vehicles and 1,900 employees.READ MORE: https://www.nationalexpressgroup.com/newsmedia/corporate-news/2021/acquisition-of-transportes-rober/