Rail ticketing service Trainline plans London float

Rail ticketing service Trainline plans London float
By Reuters
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LONDON (Reuters) - Britain's Trainline said on Wednesday its owner Victoria Investments plans to float the online rail and coach travel platform in London to support growth and provide an opportunity for stakeholders to sell shares.

Trainline sells tickets from 220 rail and coach carriers across 45 European and Asian countries on its website and mobile app.

It said it had sold 3.2 billion pounds worth of tickets in its last financial year, generating revenue of 210 million pounds and core earnings of 53 million pounds.

(Reporting by Paul Sandle; editing by Jason Neely)

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