Online rail ticketing platform Trainline Plc lifted earning and sales targets after reporting a 14% jump in half-year profits.
The company, which sells tickets for journeys in the UK and Europe, said it now expects adjusted EBITDA growth of between 10% and 13%, up from original guidance of 6% to 9%. Net ticket sales are forecast to rise by 6 - 9%.
Profit for the six months to August 31 came in at £93m from £82m a year earlier.
Group net ticket sales increased to £3.2bn, 8% higher year on year, towards the upper end of Trainline's full-year guidance range. UK consumer sales were up 8%, while international rose 2%.
Trainline's solutions arm, which supplies technology for other rail companies, saw sales grow 18% to £529m.
The UK figure was driven by continued strength in leisure travel sales and ongoing digitisation of rail ticketing. It also reflected further market recovery in commuter travel after the Covid 19 pandemic and reduced industrial action compared to the prior year, Trainline said.
Internationally, Trainline focused marketing investment on European high-speed routes with emerging carrier competition, including the French South-East high-speed network, with second-quarter sales up 34% annually as Italian operator Trenitalia expanded its services from June 2025.
"The ongoing impact from changes to Google's search results page and to demand from US tourists continued to weigh on foreign travel sales, which were down 2%," the company said.
Reporting by Frank Prenesti for Sharecast.com