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FX.co ★ Getlink Q3 Revenue Down 0.4% At Constant Exchange Rate - Quick Facts

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typeContent_19130:::2024-10-17T06:54:00

Getlink Q3 Revenue Down 0.4% At Constant Exchange Rate - Quick Facts

Getlink SE announced its third-quarter Group revenue at 475 million euros, reflecting a slight decrease of 0.4% due to the expected normalization of ElecLink's contribution. Meanwhile, Eurotunnel's revenue rose by 5%, reaching 359 million euros when compared to the same period in 2023. Looking ahead, the Group has reaffirmed its EBITDA target for 2024, setting it between 780 million euros and 830 million euros.

Yann Leriche, Getlink's CEO, commented: "Aside from the anticipated adjustment in ElecLink's contribution, our core activities experienced growth in the third quarter of 2024, which is indeed gratifying. With the planned reactivation of ElecLink by mid-November, the Group upholds its financial guidance."

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