Trainline has reported an 8% jump in total sales to £3.25bn on its platform in its first half results.

The rail and coach ticket platform also saw its total revenue jump by 2% on last year, hitting £235m in the six-month period to the end of August.

Trainline stated that both its ticket sales and revenue had tracked towards the upper end of its full year guidance through H1. The group’s year-on-year growth expectations for net ticket sales are between 6% and 9% growth, while it is targeting revenue growth between 0% and 3%.

The H1 performance was driven the company’s Trainline Solutions product, which provides rail technology and ticketing solutions for other businesses, and recorded year-on-year growth of 18% in ticket sales, to total £529m.

In response to the FTSE 250 company’s trading update, Trainline’s share price climbed by more than 9% in today’s trading.

Trainline CEO, Jody Ford, commented: “Trainline has delivered robust performance in the first half and today announces improved guidance for the full year alongside an enhanced £150m share buyback programme.

“Rail liberalisation in Europe continues to demonstrate the value Trainline brings as the preeminent domestic aggregator, most recently in Southeast France where increased carrier competition between Paris, Lyon and Marseille has driven Q2 sales growth of 34%.

“At the same time, Trainline Solutions has become a £1bn sales business as we help more clients of all sizes, from SMEs to the world's largest travel management companies, ramp up business travel sales across Europe.”

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