Trainline shares rise nearly 10% after £100 million buyback and resilient sales

  • Trainline announced a £100 million share buyback as its shares rose nearly 10%.
  • Group net ticket sales were £3.3 billion, broadly unchanged from last year.
  • Revenue fell 1% to £233 million, while adjusted EBITDA margins exceeded guidance.

Trainline shares rose nearly 10% after the company announced a £100 million share buyback and reported first-half group net ticket sales of £3.3 billion, broadly stable from last year. Revenue fell 1% to £233 million, while adjusted EBITDA margins were slightly above guidance and both sales and revenue outperformed expectations.

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