Trainline CEO Gilmartin to step down

20th Oct 2020 08:11

(Sharecast News) - Shares in rail and coach booking platform Trainline fell more than 12% on Tuesday morning after the group revealed that chief executive Clare Gilmartin would be stepping down from both the role and its board at the end of February 2021.

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Monday broker round-up

19th Oct 2020 13:30

(Sharecast News) - Intercontinental Hotels Group: Peel Hunt downgrades to hold with a target price of 4,300p.

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Deutsche Bank initiates coverage of Trainline at 'buy'

19th Oct 2020 09:34

(Sharecast News) - Deutsche Bank initiated coverage of Trainline on Monday with a 'buy' rating and 414p price target.

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Trainline reports gradual recovery after lockdown collapse in demand

17th Sep 2020 07:33

(Sharecast News) - Trainline said on Thursday that the impact of Covid-19 resulted in its net ticket sales decreasing to £358m in the first half, equivalent to 19% of the same period in the prior year.

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Trainline hit as JPMorgan cuts estimates ahead of H1 results

15th Sep 2020 08:52

(Sharecast News) - Trainline shares were weaker on Tuesday as JPMorgan Cazenove slashed its price target to 387p from 517p and cut its estimates ahead of the company's first-half trading update this week.

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Director dealings: Trainline CEO offloads 800,000 shares

1st Sep 2020 16:36

(Sharecast News) - Trainline revealed on Tuesday that chief executive officer Clare Gilmartin had disposed of 800,000 ordinary shares in the FTSE 250-listed rail ticket booking platform operator.

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Trainline taps Jody Ford for COO

21st Jul 2020 10:15

(Sharecast News) - Online travel platform Trainline nominated former Photobox chief executive Jody Ford to fill the newly created role of chief operating officer on Tuesday.

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Trainline pulls guidance; Can operate through 'extended downturn'

7th May 2020 07:47

(Sharecast News) - Travel company Trainline on Thursday pulled 2021 guidance and warned of a significant hit to first quarter profits due to the coronavirus pandemic.

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Trainline lenders agree waiver on RCF

29th Apr 2020 08:28

(Sharecast News) - Rail and coach ticketing website Trainline said lenders had waived covenants on the company's ?350m revolving credit facility until August 2021 to help it through the Covid-19 pandemic.

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Trainline cutting costs as passenger numbers slide

9th Apr 2020 07:41

(Sharecast News) - Rail and coach travel platform Trainline announced a series of cost-cutting measures on Thursday and said its executive team will take a pay cut amid a decline in passenger numbers due to the Covid-19 outbreak.

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Friday broker round-up

13th Mar 2020 13:17

(Sharecast News) - Balfour Beatty: UBS upgrades to buy with a target price of 350p.

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Trainline FY revenues rise but Covid-19 dents recent trading

12th Mar 2020 09:17

(Sharecast News) - Rail and coach travel platform Trainline reported a rise in full-year revenue on Thursday as tickets sales grew, but warned that the trading environment had "softened" in recent weeks due to the coronavirus outbreak.

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FTSE 250 movers: NewRiver drops, Tullow gushes higher

2nd Dec 2019 14:35

(Sharecast News) - London's FTSE 250 was lower by 0.38% at 20,733.26 in afternoon trade on Monday, with NewRiver leading the index downward.

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Trainline slumps as KKR sells off its shares

12th Nov 2019 09:27

(Sharecast News) - Trainline shares fell on Tuesday after a group of investors led by private equity firm KKR sold off their shares in the online rail booking company.

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Trainline loss widens despite ticket sales growth

5th Nov 2019 07:25

(Sharecast News) - Online ticket seller Trainline on Tuesday reported wider interim losses as listing costs overshadowed strong ticket sales and revenue growth.

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