British rail ticketing firm Trainline has once again raised its full-year revenue forecast, marking the second increase in under two months, citing a strong performance in the second half

of the year.

Trainline now projects its annual revenue to grow between 11% and 13%, an improvement from its previous upper estimate of 7% to 11%. Additionally, the company expects core earnings to represent around 2.6% of net ticket sales, a slight boost from the previous forecast, which had anticipated earnings exceeding 2.5%.

The company, which sells rail tickets for all UK rail providers and major European rail operators, initially reported in early September that it was outperforming expectations in the first half of the fiscal year, ending in August, largely due to robust customer demand. Notably, Trainline observed a significant uptick in ticket sales in Spain.

Trainline has also revised its outlook for net ticket sales growth, now expecting an increase of 12% to 14%, compared to the previously forecasted range of 8% to 12% outlined last month. Photo by High Speed Train line-up at Paddington by Gareth James, Wikimedia commons.