March 25 (Reuters) - Mobico (MCG.L) , opens new tab lowered the lower-end of its annual profit outlook range by about 9% on Monday, as the British transport company flagged some accounting issues related to its German rail business.

The company, which last month delayed its annual results citing the accounting review, forecast adjusted operating profit for the year ended Dec. 31 to be in the range of 160 million pounds ($201.7 million) to 175 million pounds, compared with its previous expectations of 175 million pounds to 185 million pounds.

($1 = 0.7934 pounds)

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https://www.reuters.com/business/autos-transportation/uk-transport-group-mobico-warns-profit-amid-audit-issues-2024-03-25/