Skip to content

Three Quick Facts: Trainline, Sainsbury’s and Smith & Nephew


Three things you need to know in the financial markets today from investment writer, Tony Cross.

#1. Trainline half year report shows sales up 116%

A half year report is out from Trainline LON:TRN this morning, with net ticket sales up by a shade over 100% and revenues just a couple of percentage points behind that. The company is expanding the number of operators it works with, customers are becoming stickier and product innovation is in play too, with season tickets now on offer for many UK train companies. Whilst the cost of living crisis may bite into sales going forward the company stands by previous guidance and expects three year revenue growth of 18%-27%.

#2. Resilient performance from Sainsbury’s as customers stay loyal

Retailer J Sainsbury LON:SBRY has issued its half year report today up to 17th September. Sales are up across the period, with growth weighted into the second half as price increases hit. Guidance for the full year remains unchanged. The company notes that basket sizes are proving more resilient than competitors and they’re seeing less drift to Aldi & Lidl, too. An interim dividend of 3.9p has been declared and the company notes that momentum has remained strong for the first few weeks of H2.

#3. Smith & Nephew Q3 numbers show full year performance on track

Smith & Nephew LON:SN. have Q3 numbers out today with revenues up by 4.8% but FX headwinds turning this into a modest decline. Full year growth remains on track and is expected to land in the middle of the previously stated 4%-5% range, with profit margin guidance maintained at 17.5%. All sectors and geographies are performing well according to management with the elective surgery rates that the company relies on clearly normalising post-pandemic.

Looking for great investing ideas? Sign up to our free newsletter.

Join us on WhatsApp

This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

'How to' Guides

Our latest in-depth company reports

Detailed reviews of selected companies and investment trusts.

On the podcast

Sign up for great investing stock tips

Thanks to our Site Partners

Our partners are established, regulated businesses and we are grateful for their support.

CME Group
FP Markets
Back To Top