Rail ticketing service Trainline plans London float

LONDON, May 22 (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 ($4.06 billion) worth of tickets in its last financial year, generating revenue of 210 million pounds and core earnings of 53 million pounds.

($1 = 0.7879 pounds)

(Reporting by Paul Sandle; editing by Jason Neely)

((paul.sandle@thomsonreuters.com; +44 20 7542 6843; Reuters Messaging: paul.sandle.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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