
Full steam ahead for Trainline as it raises its end of year guidance

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Trainline has raised its pre-tax profit guidance, leading to a 5.19% increase in its share price to 267.6 pence. Total revenue rose 2% to £23m, with free cash flow at £79m and basic earnings per share up 54% to 11.6 pence. Despite a 10% decline in stock over six months due to UK rail nationalisation, ticket sales increased by 8% to £3.2bn. The company launched a £150m buyback program and is expanding its digital railcard user base, which grew 12% to 2.5m users.

