Getlink: profit of 317 ME for fiscal year 2024 (-5%)
(CercleFinance.com) - The Group's consolidated sales for 2024 amount to 1,614 million euros, down 12% on 2023.
This decline is linked to the expected normalization of electricity markets and the suspension of ElecLink's activity between September 25, 2024 and February 5, 2025.
Eurotunnel (+3%) and Europorte (+12%) sales are up.
Consolidated EBITDA for 2024 is €833 million, down 16% due to the lower contribution from ElecLink (-57%), while Eurotunnel's EBITDA is up 8% and Europorte's up 10%.
The Group's consolidated net income for 2024 is a profit of €317 million, down 5% on 2023.
Operating cash flow amounts to 865 million euros in 2024, compared with 1,036 million euros in 2023.
The consolidated EBITDA target for 2025 is between 780 and 830 million euros.
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