on GETLINK (EPA:GET)
Getlink: Financial report 2024
The Getlink group has revealed its turnover for 2024, reaching 1.614 billion euros, down 12% compared to 2023. This decrease is caused by the 50% drop in ElecLink's turnover, following to the expected normalization of electricity markets and the suspension of its operations since September.
On the other hand, Eurotunnel recorded an increase of 3%, with revenues reaching 1.166 billion euros, supported by the Rail Network whose Eurostar traffic grew by 5%. Europorte also progressed by 12%, reaching 168 million euros. euros thanks to the quality of service and its new acquisitions.
Despite these variations, Getlink remains confident about achieving its EBITDA target of between €780 and €830 million for 2024.
R. H.
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