Trainline FY ticket sales and revenues bounce back

Trainline stated total group net ticket sales had surged 222% to roughly £2.52bn, within its previously guided range of £2.4-2.8bn despite the impact of the Omicron variant in the fourth quarter, while full-year revenues were up 181% to approximately £189.0m.

The FTSE 250-listed firm highlighted that UK consumer revenues were up 248% year-on-year at £153.0m, while international revenues shot up 181% to £189.0m despite travel restrictions continuing to impede the return of inbound customers to Europe.

Trainline added that full-year adjusted underlying earnings for 2022 were now expected to be around the top end of its previously guided range of £35-40.0m.

Chief executive Jody Ford said: "I am pleased with our performance this year, which was in line with our expectations despite the short-term impact of Omicron in the fourth quarter."

Trainline will publish its full-year results on 5 May.