Trainline PLC (LSE:TRN) will publish full-year results for the twelve months to February on 7 May, with investor's eyeing any shift in momentum over UK government ticketing plans and overseas developments
Shares in the digital ticketing group are down 28% since the start of the year – though roughly flat compared to 12 months ago – due to concerns about Labour's plans for the sector.
The FTSE 250-listed group has already flagged 12% growth in total ticket sales and announced a share buyback of up to £75 million, when it delivered a post-close update in March.
Revenue and EBITDA guidance were already shared in the trading update.
This means recent trading and the outlook for the new financial year will be the main focus.
UBS forecasts ticket sales to grow around 9%, with revenue rising 4% and EBITDA predicted at 2.62% of net ticket sales.
In the UK consumer segment, revenue is forecast to decline despite higher ticket volumes, reflecting previously flagged reductions in gross commission rates.
“Market concerns regarding how the future government ticketing offering may impact the group continue to weigh on sentiment,” analysts said. “Evidence of a change in momentum will be closely watched.”
The Swiss bank has previously said that the “future pillars of growth” are in Europe, including the Channel Tunnel, France and Italy.