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Trainline benefits as rail recovery gathers steam

This was a robust set of results in the face of recent regulatory fears
May 3, 2024
  • New buyback programme
  • Leverage drops

This was a reassuring set of results for Trainline (TRN) investors after Labour's recent rail policy announcement caused the shares to drop amidst fears that its ticketing plans could spell disaster. They will be breathing sighs of relief after Labour told the digital ticket app "that they have no plans to revive the current Government's previous proposal for a national retailing website and app". 

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