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 lifts guidance after surge in demand led by US visitors

By Frank Prenesti

Date: Wednesday 06 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Online rail ticketing platform Trainline on Wednesday lifted annual guidance after a bigger-than-expected surge in demand for travel, particularly from US visitors.
The company now sees net ticket sales growth of between 18% and 27% versus pre-Covid fiscal 2020. It also expects revenue growth of between 22% - 31% and adjusted core earnings as a percentage of net ticket sales of between 1.9% - 2.1%.

Net ticket sales in the four months to June 30 were up 16% from two years ago, reflecting a faster-than-anticipated recovery in rail passenger volume across Europe - including a notable resurgence of inbound customers from the US. - as well as the benefit of Trainline increasing its investment in its International business, the company said.

"More and more people are recognising that travelling by train is better for the environment and the best way to travel cross-country and cross-border at speed ... Not only is domestic rail travel rebounding at an impressive rate across Europe, but tourists are also returning strongly, with Americans leading the way," said chief executive Jody Ford.

"Tourist destinations across the country should be preparing for an influx of American visitors this summer. Not only is there pent-up demand from the end of Covid travel restrictions, but our US guests are also showing a desire to travel sustainably as more explore the country by train than ever before," added chief data officer Mike Hyde.

Reporting by Frank Prenesti at Sharecast.com

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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
67.64% below the market average67.64% below the market average67.64% below the market average67.64% below the market average67.64% 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
94.63% above the market average94.63% above the market average94.63% above the market average94.63% above the market average94.63% above the market average
96.43% above the sector average96.43% above the sector average96.43% above the sector average96.43% above the sector average96.43% above the sector average
Income Not Available
Growth
52.62% above the market average52.62% above the market average52.62% above the market average52.62% above the market average52.62% 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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