Black Friday bargains in the FTSE 350
Just because something is cheap does not mean it is a bargain
Company
Trainline PLC
LON:TRN
thetrainline.com is the leading online provider of rail tickets for travel in the UK by value of tickets sold, with a mission to help rail passengers save money, time and hassle. Customers booking in advance with thetrainline.com can save an average of 43% with Advance fares versus booking on the day of travel (limited availability & routes). Since it was established in 1997, thetrainline.com has developed a robust and scalable platform with a strong focus on customer-driven innovation.
102 stories · page 5 of 6
Trainline eyes growth opportunities in Europe
In the past few months, the top four domestic markets in the international arm – France, Italy, Germany, Spain – returned to growth while UK consumer recovered to 95% of 2019 levels
Trainline ticket sales top £1bn again as rail travel recovers
The UK is seeing a growing use of e-tickets, while international sales are above 2019 levels
Trainline says ticket sales in its first quarter reached highest level since start of pandemic
"By the end of May we were selling more tickets than we were in the same period two years ago,” said chief executive Jody Ford
Trainline shares tumble as government's overhaul of the railways threatens revenues
Trainline was putting a brave face on things. Perhaps it was hoping the new app would be outsourced to Serco or would be run by Dido Harding
Trainline comes off the rails as ticket sales plunge during pandemic
Ticket sales during the period were less than a quarter of the previous year’s figure, causing the group to swing to a £100mln loss
Trainline recounts challenging year as ticket sales plunge
The ticket platform said government measures to curb the spread of COVID-19 had resulted in a “significant reduction of passenger volume” in 2020, with the UK particularly hard hit as ticket sales crashed to just 17% of levels seen in the p
Trainline to face unavoidable earnings cuts, says JP Morgan
The bank also said they saw “limited catalysts” for the shares going forward as lockdown measures across the UK continued to suppress rail passenger numbers
Trainline confident of riding out extended lockdown as losses continue
Ticket sales of £358mln were down substantially, to just 19% of the prior year
Trainline announces chief executive's early departure
Clare Gilmartin is being replaced by chief operating officer Jody Ford
Trainline launches ‘crowd alerts’ to help with social distancing
The ticketing app group expects to report an adjusted underlying loss of £14-19mln for the six months to August 31, 2020
Trainline appoints former eBay exec to new COO position
Jody Ford will join the train ticketing group from his former position as CEO of personalisation firm Photobox
Trainline says crisis to accelerate shift to digital ticketing
Industry passenger volumes in the UK slumped more than 95% in April
Trainline agrees covenant waiver with lenders as coronavirus bites
The coach and train ticket seller is confident in its ability to navigate the crisis
Trainline slams brakes on costs as passenger numbers collapse after coronavirus lockdown
The digital train booking platform said it has cut monthly cash outflow to £8-9mln
Trainline sees significant softening in international ticket sales
Train ticket sales growth “softened significantly” in Italy last month, with demand since weakening across the rest of the international operations
Trainline downgraded to ‘hold’ by Panmure Gordon as Virgin Trains launches app
Its analysts kept the 517p target price unchanged as they "continue to believe in the quality and management" of the company
Trainline sees small impact from French transport strikes
December's rail strikes have shut down national and international services, including the Eurostar
Trainline hits the buffers as investors fret over Labour plans to cut ticket prices
Over the weekend, Labour said that it will immediately reduce the price of season tickets and other regulated rail fares by around 33%, while also setting up a new fee-free booking website
Full steam ahead at Trainline as more passengers go online
The rail tickets company doubled its adjusted underlying profits to £42mln in the six months ending 31 August