Getlink: Q3 sales pretty flat
(CercleFinance.com) - Getlink, the Channel Tunnel operator, which also operates other transport infrastructure, announces Q3 sales of 305.
1 million euros, virtually flat at constant currencies, despite Brexit-related uncertainties.
At 273.3 million euros, Eurotunnel's sales are flat, with a slight fall in shuttle traffic (-2%), although sales of its rail network rising by 4%, driven by a dynamic Eurostar traffic.
This quarter was marked by sound behaviour of different segments and the group maintaining its pricing power, which underpins the group's long-term outlook. Overall, it confirmed its medium-term EBITDA target of 735 million euros by 2022.
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