Trainline Plc Reports Strong Growth and Buyback Plan

Trainline Plc (GB:TRN) has released an update.

Trainline Plc, the company behind Europe’s most downloaded rail app, has reported a robust financial performance for FY2024 with net ticket sales surging 22% to £5.3 billion and revenue climbing 21% to £397 million. Operating profits have impressively doubled to £56 million, supported by increased mobile app downloads and a significant push towards digital ticketing. Furthermore, Trainline’s international ticket sales exceeded £1 billion, with Spain and Italy being standout markets, and the company has initiated a £75 million share buyback program.

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