trainline
“Trainline PLC (LON:TRN) had been glimpsing light at the end of the tunnel as lockdown eased, but the government’s shake up of the railways has seriously pulled the breaks on prospects for recovery. Q1 2021 hedge fund letters, conferences and more Shares were down by around 27% in early trading as investors digested the serious implications the new changes could have on it business model Trainline’s Q1 EarningsA new state-owned body, Great British Railways will not only set timetables and prices but also sell tickets in England. The aim is to offer more punctual services and cheaper tickets bu...
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Trainline PLC (LON:TRN) (OTCMKTS:TNLIY) – a glimpse of light at the end of the tunnel but ticket sales under huge strain Q1 2021 hedge fund letters, conferences and more "The extent to which the pandemic completely derailed Trainline has become clear, as stay at home orders saw demand for rail transport evaporate. As daily commuters holed up at home for the long haul, ticket sales fell 79% pushing the company into a £100 million operating loss, compared to an operating profit last year of £2 million. Trainline Launches Five Year Convertible BondsTrainline has pulled on all levers to survive th...
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