on GETLINK (EPA:GET)
Getlink's First Quarter 2025 Financial Overview
In the first quarter of 2025, Getlink reported consolidated revenue of €328 million, marking a 17% decrease compared to the same period in 2024. The notable activity included the return to service of the ElecLink interconnector on 5 February, contributing €33 million to revenue, though significantly down by 69% due to market normalization and prior suspensions.
Eurotunnel's revenue increased by 2% to €254 million, bolstered by Eurostar's 4% traffic growth despite terminal disruptions. Europorte saw a 2% revenue rise to €41 million.
Getlink undertook a €600 million green bond issue, reflecting an upgraded rating to BB+. Strategic acquisitions, including Associated Shipping Agencies, enhanced customs services between France and the UK.
R. E.
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