Trainline PLC (LSE:TRN)'s shares surged by 9% as the online ticketing platform announced sales at the top end of expectations, driven by reduced strikes in the UK and the performance of its overseas operation, particularly in Spain.
For the year ending February 29, total group sales increased by 22% to £5.3 billion, topping the improved guidance range of 17% to 22%.
International ticketing grew by 14% to £1 billion, while UK sales jumped by 23% to £3.5 billion.
Group revenue, the amount the company makes providing the ticketing service, reached £397 million, well above forecast.
Chiel executive Jody Ford told investors: "Trainline's market share continues to rise on key routes like Madrid - Barcelona, which is now our third most popular route across all countries, including the UK.
"This reflects liberalisation and emerging carrier competition that is set to transform European rail, driving down prices for customers while increasing choice and value."
In early trading the stock was changing hands for 354.4p, up 27.2p.