Trainline Plc (TRN.L) Friday said in its trading update for the first half of fiscal 2027 that Group underlying revenue fell 1 percent while net ticket sales were the same as last year. Looking ahead, the company also confirmed its fiscal 2027 outlook.
The digital rail and coach ticketing platform said that Group net ticket sales were broadly flat year-on-year at 3.3 billion pounds, compared to last year's 3.2 billion pounds. Group Underlying Revenue came in at 233 million pounds, down 1 percent from 235 million pounds in the same period a year ago.
In the UK Consumer business, net ticket sales remained flat year-on-year at 2.1 billion pounds while UK Consumer Underlying Revenue declined 5 percent year-on-year to 102 million pounds.
International Consumer net ticket sales came in at 579 million pounds, down 4 percent year-on-year. Despite the decline in ticket sales, International Consumer Underlying Revenue increased 1 percent to 34 million pounds, driven by continued strong growth in ancillary revenues.
Group Adjusted EBITDA as a percentage of net ticket sales for the first half of the year is expected to be slightly ahead of the full-year outlook of around 2.9 percent.
The compa...