Continued increased revenues for Eurotunnel
Eurotunnel, operator of the Channel Tunnel, has increased its revenues for a 15th consecutive half-year period with revenue over the first six months of the year increased by 3% to €497 million (£445m).
Net profit from continuing increased to €30 million (up by 20%).
Further growth is expected over the next six months due to growing high-speed passenger traffic from new Eurostar services on the London to Brussels route and the launch of services between London and Amsterdam at the end of 2017.
Jacques Gounon, Chairman and Chief Executive Officer of Groupe Eurotunnel SE, stated: “Over the past 10 years, the Group has focused its business model on value creation through the quality of service provided. The success of the partial refinancing of the debt shows the confidence of the markets in the strength of this model. The economic outlook for the next two years remains good and enables us to confirm our objectives.”
Read our Eurotunnel Success Story.