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Investing.com -- Trainline on Wednesday reported an 8% increase in net ticket sales to £3.2 billion for the first half of fiscal 2026, with adjusted EBITDA rising 14% to £93 million as cost savings offset commission rate reductions in the UK.
The European rail ticketing platform saw revenue grow 2% to £235 million, while operating profit jumped 38% to £68 million. Basic earnings per share increased 54% to 11.6 pence.
Trainline’s B2B Distribution business was the standout performer, with net ticket sales up 36% and international sales surging 55%. The company recently expanded its partnership with AMEX GBT, the world’s largest travel management company.
The company has raised its full-year adjusted EBITDA growth guidance to between 10% and 13%, up from its previous forecast of 6% to 9%.
"We are already Europe’s number one most downloaded rail App and now we are expanding our business travel sales too," said CEO Jody Ford. "Each of our businesses are leaders in their respective markets with significant scope for future growth."
Trainline launched an enhanced £150 million share repurchase program in September, having already repurchased £215 million in shares (15% of issued share capital) since September 2023.
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