Overview
- Ford will stay in post to oversee a handover as the board begins a formal search for his successor.
- Chair Brian McBride credited Ford with doubling net ticket sales, more than doubling profits, and expanding into France, Spain and Italy, with the app now serving about 27 million customers.
- In its most recent half-year results to the end of August 2025, Trainline reported net ticket sales up 8% and revenue of £235 million.
- The stock has fallen around 30% over the past six months and more than 60% over five years despite operational growth.
- A government plan tied to Great British Railways could introduce a single state-backed retail app, which Trainline expects would not launch before 2027 as it seeks safeguards to ensure fair competition.