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11 March 2021 | 08:02am
StockMarketWire.com - The Trainline has reported a fall in net ticket sales to £783 million, equivalent to 21% of the prior year, as the measures put in place to curb the spread of coronavirus resulted in a significant reduction in passenger volume.
UK Consumer net ticket sales of £473 million were 23% of prior year, peaking in August between the first and second lockdowns at 46% versus the wider industry passenger volumes at 34%. UK Consumer revenue declined to £44 million, 25% of prior year.
UK Trainline for Business (UK T4B) net ticket sales of £75 million was 6% of the prior year, with demand for business travel remaining subdued and with the White Label business impacted by season ticket refunds. UK T4B revenue declined to £12 million, 21% of prior year.
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