Getlink: 23% decline in Q1 sales

(CercleFinance.com) - Getlink posted sales of E391m for Q1 2024, down 23% y-o-y, with it confirming that it expects 2024 EBITDA of E780m to E830m.


By division, Eurotunnel posted stable sales at E244m, while Europorte grew by 14% to E40m, with ElecLink sales falling 54% to E107m in a context of normalisation of the electricity market.

At Eurotunnel, a 5% drop in shuttle sales, penalised by lower traffic, was offset by a 10% increase in rail sales, driven by higher Eurostar traffic.


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