Proactive Investors - Trainline PLC (LON:TRNT) investors will be hoping to see indications that the ticketing company is growing its online offering in the UK, while also unlocking the value of its European business when it provides a full-year update.
In a Which? article from last month, it was found that travellers can save more than 50% from booking tickets online.
Shore Capital believes Trainline can grow its market share through this opportunity, with the group currently holding around 60% of the online market.
Analysts also believe there are opportunities in Europe for Trainline, with the UK bank claiming it isn’t reflected in current valuations.
Trainline is growing revenue at a double-digit rate and heading towards breaking even in the medium term, with additional market share growth also a possibility.
Any advancements in these areas and details on future plans will likely be welcomed by investors.
Shares in the company have kept close to flat since the start of 2024, after having rallied at the end of 2023 when it was revealed the government were scrapping plans to create a new Great British Railway app.
However, with a general election due within the next year, analysts are aware of the risks that come with a change of government, with potential changes to how the rail industry operates.
“Often, we see more talk than action,” Shore Capital explained.
“That being said, we know TRN is actively engaged in discussions with both government and rail industry partners, and given its high brand awareness, and proprietary technology utilised by both consumers and businesses, we believe it will continue to play a significant part.”
A full-year trading update is due 14 March.