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PRIVACY
Retail & Consumer

Surge in digital rail ticket sales prompts Trainline to increase financial forecasts, shares jump 10.6%

The British ticket seller also revised revenue guidance upwards to between 11 and 13 per cent, compared to a range of seven to 11 per cent growth before

Trainline has upgraded its financial outlook following robust performance into the latter half of the year, with a notable uptick in the demand for digital rail tickets causing its shares to surge by 10.6%.

In an optimistic update, the º£½ÇÊÓÆµ-based rail ticketing platform now anticipates sales growth in the 12 to 14% band, surpassing its earlier predictions of eight to 12%, as reported by .

Revenue expectations have been similarly lifted, aiming for an 11 to 13% increase, marking an uptrend from previous forecasts of seven to 11%.

"Trainline has delivered strong growth in H1 FY2025 and is increasingly benefiting from operating leverage as it scales," the firm communicated to investors on Monday.

Looking at future profitability, the FTSE 250-listed company predicts that adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) will equate to approximately 2.6% of ticket sales revenue.

Enhanced demand for digital ticketing solutions and a reduction in º£½ÇÊÓÆµ rail strikes have allowed Trainline to refine their full-year 2025 projections, initially set out in May 2024 and subsequently updated last month.

The company is poised to reveal comprehensive details of its half-yearly results on 7 November.

For the first semester, Trainline reported that net ticket sales swelled by 14% year-on-year, reaching £3bn, propelling revenue by 17% to £229m, which in turn amplified adjusted EBITDA by an impressive 44% to £82m.