Trainline PLC (LSE:TRN) expects full-year profits to come in at the top end of guidance and said its performance this year was in line despite the impact of Omicron.
Adjusted EBITDA for the 12 months to 28 February 2022 is expected to be toward the top of the guided range of £35mln-£40mln, the rail and coach travel platform said in a statement.
Annual net ticket sales totalled £2.5bn, in line with the previous guidance of £2.4bn-£2.8bn.
Before omicron, net ticket sales in the third quarter recovered to 86% of the same period in FY2020, their highest level since the start of the Coronavirus (COVID-19) pandemic.
UK e-ticket penetration increased to 41% in the third quarter from 30% in FY2021 and 21% in FY2020, reflecting a shift toward digital ticketing.
"I am pleased with our performance this year, which was in line with our expectations despite the short-term impact of Omicron in the fourth quarter,” said CEO Jody Ford. “Playing a leading role in the wider industry recovery, we encouraged people back onto trains and increasingly towards digital ticketing.”
Trainline shares gained 5% to 209.40p in mid-morning trade.