Half-Year Results 2019 10th consecutive increase in revenue …(Getlink)

• Revenue: further increase to €523 million (+2%)*
• EBITDA down slightly to €255 million (-2%)
• Net profit up to €41 million (+5%)

 Eurotunnel:
• Revenues increased to €456 million (+1%)
• Slight decline in EBITDA of 1% to €251 million

 Europorte:
• Revenues increased to €66 million (+10%)
• EBITDA up 12% to €13 million

Jacques Gounon, Chairman and CEO of Getlink, said:

“In the first half of the year, despite the jolts resulting from the political uncertainties of Brexit the Group has once again demonstrated the resilience of its business model with revenue growth for the tenth time in a row. Without the recent strike by French customs officers, the Group’s EBITDA would also have increased. The Group remains confident in its ability to manage the next stages of Brexit and confirms the dividend growth policy. “

* All comparisons with the half-year 2018 income statement are based on the average exchange rate for the first half of 2019 of £1=€1.145.

Read full report HERE