Business
Trading performance for first 9 months of FY 2020
Trading performance for first 9 months of FY 2020.
About this update from Trainline Plc
[{"type":"text","content":"\n \nRNS Number : 0606X Trainline PLC 17 December 2019 \n\n \n \nTRAINLINE PLC TRADING STATEMENT \n17 December 2019 \nTrading performance for first nine months of FY 2020\nTrainline plc (\"Trainline\", the \"Company\" or the \"Group\"), the leading independent rail and coach travel platform selling rail and coach tickets to millions of customers worldwide, today provides an update on its trading performance for the first nine months of the financial year 2020 (1 March 2019 to 30 November 2019).\n\n\n\n\n \n\n\nNine months ended 30 November 2019\n\n\n\n\n \n\n\nFY 2020\n\n\nFY 2019\n\n\nYoY\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nNet ticket sales (£m)\n\n\n \n\n\n \n\n\n \n\n\n\n\nUK Consumer\n\n\n1,535\n\n\n1,242\n\n\n24%\n\n\n\n\nUK T4B\n\n\n930\n\n\n915\n\n\n2%\n\n\n\n\nTotal UK\n\n\n2,465\n\n\n2,156\n\n\n14%\n\n\n\n\nInternational\n\n\n390\n\n\n262\n\n\n49%\n\n\n\n\nTotal Group \n\n\n2,855\n\n\n2,418\n\n\n18%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nRevenue (£m)\n\n\n \n\n\n \n\n\n \n\n\n\n\nUK Consumer\n\n\n133\n\n\n102\n\n\n31%\n\n\n\n\nUK T4B\n\n\n45\n\n\n45\n\n\n-\n\n\n\n\nTotal UK\n\n\n178\n\n\n146\n\n\n22%\n\n\n\n\nInternational\n\n\n20\n\n\n11\n\n\n90%\n\n\n\n\nTotal Group\n\n\n198\n\n\n157\n\n\n26%\n\n\n\n\n \nKey highlights:\n· Group net ticket sales of £2.9bn increased 18% year-on-year\no UK Consumer net ticket sales increased 24%, reflecting strong mobile demand driven by increasing eTicket availability and adoption by customers\no UK Trainline for Business (UK T4B) net ticket sales increased by 2%, although we observed some slowdown in the most recent quarter in discretionary travel spend by large corporations\no International net ticket sales increased by 49% with new customer acquisition continuing to underpin growth, partly offset by the impact of strike action in France in the most recent quarter\n· Group revenue of £198m increased 26% year-on-year\no UK Consumer revenue grew by 31%, driven by strong net ticket sales growth and the launch of new revenue services in the last 12 months, generating a higher than anticipated revenue take-rate (the rate of revenue generated from net ticket sales) \no UK T4B revenue was br...