Trainline Boosts Full-Year Forecasts Again After Strong Ticket Sales
The FTSE 250 company raises its revenue and sales growth expectations, driven by increased digital ticket demand and fewer train strikes.
- Trainline has upgraded its full-year guidance for the second time in two months, now expecting ticket sales growth between 12% and 14%.
- The company has raised its revenue growth forecast to 11%-13%, up from the previous range of 7%-11%.
- Trainline attributes the improved forecasts to a strong start in the second half of the fiscal year and increased digital ticket sales.
- Shares in Trainline rose by 10% following the announcement, reflecting investor confidence in the company's growth trajectory.
- Despite positive growth, there are concerns about potential impacts from Labour's proposed nationalisation plans for Britain's railways.