Trainline (TRN)

Sector:

Tourism and Leisure Services

Index:

FTSE 250

370.40p
   
  • Change Today:
    -6.80p
  • 52 Week High: 390.00
  • 52 Week Low: 216.40
  • Currency: UK Pounds
  • Shares Issued: 469.71m
  • Volume: 585,100
  • Market Cap: £1,739.80m
  • RiskGrade: 288

Trainline sees return to profit as ticket sales move online

By Sean Farrell

Date: Monday 27 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Trainline predicted a return to profit in the first half of the year as ticket sales recovered from the damage inflicted early in the pandemic.
Group net ticket sales were £666m in the three months to the end of August to stand at 71% of the total two years earlier. In the first half net ticket sales of £1bn were 54% of the level two years earlier.

In the UK, second-quarter sales recovered to 95% of the figure for two years earlier as passengers returned and shifted to digital tickets. France, Italy, Germany and Spain - Trainline's top four markets outside the UK, returned to growth.

Trainline's sales of online rail tickets were hammered during pandemic lockdowns as commuters worked from home and limits were placed on social mixing. The company said it expected to return to profit in the second half and that earnings before interest, tax, depreciation and amortisation would be between £13m and £15m.

Jody Ford, Trainline's chief executive, said: "It is reassuring to see demand for rail travel coming back strongly in all markets across Europe, following an incredibly tough period for the industry. While it remains unclear how long it will take for demand to fully return, we remain positive about the long term tailwinds for the industry, including the significant planned investment in rail capacity, particularly on high speed routes, and a growing awareness of the environmental benefits of travelling by train."

The company's shares, down 15% in 2021, rose 3% to 389.21p at 08:17 BST.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Trainline Market Data

Currency UK Pounds
Share Price 370.40p
Change Today -6.80p
% Change -1.80 %
52 Week High 390.00
52 Week Low 216.40
Volume 585,100
Shares Issued 469.71m
Market Cap £1,739.80m
RiskGrade 288

Trainline Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.99% below the market average67.99% below the market average67.99% below the market average67.99% below the market average67.99% below the market average
87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average87.5% below the sector average
Price Trend
93.94% above the market average93.94% above the market average93.94% above the market average93.94% above the market average93.94% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
53.08% above the market average53.08% above the market average53.08% above the market average53.08% above the market average53.08% above the market average
30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average30.77% above the sector average

Trainline Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 292,952 @ 370.40p
16:35 1,177 @ 370.40p
16:35 1,347 @ 370.40p
16:35 5 @ 370.40p
16:35 808 @ 370.40p

Trainline Key Personnel

CFO Peter Wood

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