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Investing.com -- Trainline has raised its full-year EBITDA growth guidance to 10-13% from the top end of 6-9% previously, following strong half-year results. Shares gained over 8% on Wednesday.
The company reported EBITDA of £93 million for the period, representing a 14% year-over-year increase, slightly below UBS estimates of £94 million. Group net ticket sales reached £3,250 million, up 8% compared to the previous year, while revenue grew 2% to £235 million, aligning with the company’s recent trading statement.
Marketing expenditure for the period included £14.2 million in the UK and £24.7 million internationally. The company’s leverage ratio stood at 0.7x net debt to EBITDA, compared to 0.5x in February 2025 and 0.2x in August 2024.
Trainline has begun implementing its share buyback program announced in September 2025, purchasing £15 million worth of shares as part of the larger £150 million initiative.
While raising its EBITDA growth forecast, the company maintained its previous guidance for net ticket sales growth at 6-9% and revenue growth at 0-3%.
UBS noted that the increased guidance indicates strengthening profitability, which should be positively received by investors. The UK Government is expected to publish the output from the industry consultation and the Railways Bill on Wednesday.
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