Rail strikes, fare hikes and European growth: What to expect from Trainline next week March 10, 2024 Trainline investors will get a first indication of the ticket seller's 2024 performance in a trading update next Thursday.
Rail fares to go up by 4.9 per cent in March next year December 22, 2023 Regulated rail fares in England will increase by up to 4.9 per cent next year, in a blow to UK commuters.
Trainline share price soars after government scraps rival ticket app December 15, 2023 The Trailine’s share price continued to soar on Friday morning after yesterday’s announcement by the government that it would scrap a rival ticket app. The rail ticket company’s stock rallied this morning, rising by 19 per cent after the open, increasing 17 per cent after an hour of trading, to 331p. This comes after the [...]
Trainline forecasts higher ticket sales despite £66m rail strike hit November 2, 2023 Trainline said 11 days of industrial action in the first half knocked £66m off its bottom line.
Trainline shares soar as £2.6bn ticket sales help shrug off rail strike chaos September 14, 2023 Trainline’s shares soared more than 12 per cent this morning after the firm unveiled a £50m share buyback scheme on the back of booming ticket sales. Group net ticket sales at the online retailer grew by nearly a quarter to £2.6bn in the six months to August, taking revenues to £197m, a 20 per cent [...]
Which rail workers are striking this weekend and how will it affect you? September 1, 2023 Workers across more than a dozen train companies are set to walk out this weekend, with major London hubs likes Euston and Waterloo set to be left empty. Swathes of the UK will have no train services running on Friday, amid the latest round of major coordinated transport strikes. Members of train drivers’ union Aslef [...]
Trainline shrugs off UK strikes with £4.3bn in ticket sales as continental success keeps it on right track May 4, 2023 Trainline reported bumper ticket sales of £4.3bn for the last 12 months, up 72 per cent year on year and 16 per cent higher than pre-Covid. The London-listed seller saw revenues of £327m, up 74 per cent from last year, citing surging ticket sales in the UK and on the continent especially as a key [...]
Rail strikes dent Trainline ticket sales as firm nursed £6m hit every day March 15, 2023 Online rail ticketing business Trainline has said annual ticket sales fell short of expectations, as rail strikes left it nursing a hit of up to £6 million a day. The group said ongoing industrial action on UK railways cost it £5 million to £6 million in gross sales impact on average per strike day. It [...]
RMT urged to cancel next week’s walkouts after Network Rail action suspended March 8, 2023 Rail union bosses have been urged to cancel next week’s walkouts at train companies after suspending planned industrial action at Network Rail. The Rail Delivery Group (RDG), which represents operators, called on the Rail, Maritime and Transport union (RMT) to “meet us for urgent talks”. The RMT has been engaged in national rail strikes in [...]
Trainline’s earnings triple as rail sector continues recovery from Covid-19 November 3, 2022 Ticket seller Trainline today said its earnings are up three-fold compared to 2021 amid the rail industry’s recovery from Covid-19. The online coach and train ticket seller said its revenues had increased more than two times over to £2.16bn, in an uptick that saw its adjusted earnings triple to £45m. The London headquartered company generated [...]