Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Mark Shapland

Trainline off track after sales letdown but boss Clare Gilmartin says firm is still on target

Shares in online train tickets seller Trainline slipped today after sales over the past three months disappointed.

Business ticket sales in the UK increased by just 2%, while international sales were hit by rail strikes in France. But consumer sales remained strong, up 24%.

The company, run by multi-millionaire Dubliner Clare Gilmartin, said full-year results are on target. Gilmartin said: “We are on track to deliver our plans for the full year and will continue to invest both in the UK and internationally to deliver the significant growth opportunities for Trainline in the year ahead.”

Analysts at Barclays added Labour’s heavy defeat last week was a relief for the company as the party had said it would launch a rival to Trainline as part of its nationalisation plans.

The shares fell 5p to 505p.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.