Earnings release
Page 1
trainline Net ticket sales ( £ m ) UK Consumer TRAINLINE PLC TRADING STATEMENT Strong recovery trajectory as lockdowns ease and rail passengers return Trainline plc ( " Trainline ” , the " Company " or the " Group " ) , the leading independent rail and coach travel platform selling tickets to millions of customers worldwide , today provides an update on its trading performance for the first quarter of financial year 2022 ( 1st March 2021 to 31st May 2021 ) . Trading performance for Q1 FY2022 Trainline Partner Solutions Total UK International Total Group ● 17th June 2021 Three months ended 31st May 2021 Q1 FY2022 Q1 FY2021 237 34 270 63 334 64 3 67 12 79 % YoY + 269 % n.a Q1 summary : Group net ticket sales reached highest level since start of the pandemic , up 324 % YoY UK Consumer net ticket sales significantly outperforming the wider market , up 269 % YoY and improving week over week throughout Q1 , with more tickets sold as we exited the quarter than the same period two years ago + 305 % + 432 % + 324 % International net ticket sales up 432 % YoY , with the top four domestic markets returning to year - on - two - year ( Yo2Y ) growth in May 1 Accelerated shift in digital ticketing with UK eticket penetration increasing to 37 % in Q1 ( 21 % in FY2020 ) Jody Ford , CEO of Trainline said : " It's very encouraging to see people returning to train travel as lockdowns and restrictions gradually ease . By the end of May we were selling more tickets than we were in the same period two years ago . " Having maintained our investment in product and tech throughout the pandemic , we are uniquely placed to support the industry recovery while leading the market shift to online and digital channels . This is reflected in the step up in eticket penetration and the pace of our recovery this quarter . Group net ticket sales in May reached their highest level since the pandemic began , including UK Consumer at 70 % and International at 73 % of FY2020 levels . " Following the publication of Williams - Shapps white paper in May , I remain confident in Trainline's long term growth prospects in the UK and across our international markets . Our highly rated mobile app delivers a simple , consistent and friction - free booking experience to a huge installed base , with