Trainline has raised its profit expectations and unveiled an enhanced £150m share buyback programme after reporting ‘robust’ trading for the first half of its financial year.
The London-listed rail and coach travel platform saw net ticket sales rise 8% year-on-year to £3.25bn in the six months to the end of August 2025.
Revenue grew 2% to £235m, with both figures tracking towards the upper end of its full-year guidance ranges.
Its B2B arm Trainline Solutions delivered standout growth, with sales up 18% to £529m and revenue up 5% to £94m.
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The business, which is a constituent of the FTSE 250, now expects adjusted EBITDA to grow at the top end of its guidance range of 6-9%, ahead of previous expectations and will publish its half-year results on the 5th November.
Its share price has rocketed since trading opened today, rising from 259p to 282.2p at the time of writing (11.30am), while it has a market cap of £1.18bn.
“Trainline has delivered robust performance in the first half and today announces improved guidance for the full-year alongside an enhanced £150m share buyback programme,” said Trainline CEO Jody Ford.
“Rail liberalisation in Europe continues to demonstrate the value Trainline brings as the preeminent domestic aggregator, most recently in Southeast France where increased carrier competition between Paris, Lyon and Marseille has driven Q2 sales growth of 34%.
“At the same time, Trainline Solutions has become a £1bn sales business as we help more clients of all sizes, from SMEs to the world’s largest travel management companies, ramp up business travel sales across Europe.”