Full steam ahead for Trainline as it raises its end of year guidance 

Trainline share rose despite rail nationalisation ploughing on

London listed ticketing app Trainline has seen its shares rocket after the firm raised its pre-tax profit guidance.

Total revenue inched up 2 per cent year by year to £23m from £229m in the first half of the year.

Free cash flow hit £79m, while basic earnings per share increased by 54 per cent to 11.6 pence.

Profit before tax jumped increased by 14 per cent to £93m, causing the ticket app to raise its original full year guidance to 10 to 13 per cent from 6 to 9 per cent.

Shares in the FTSE 250 listed firm rose 5.19 per cent to 267.6 pence in early morning trading. However the stock has failed to keep pace with growth, falling by nearly 10 per cent over the past six months, as Labour plough forward with nationalising the