Getlink’s momentum continues with ninth year of revenue growth

Getlink’s annual figures for 2018 have revealed the business saw its ninth year of growth.

The Group’s consolidated revenues grew to €1.079 billion, meaning sales for 2018 were up by five per cent at a constant exchange rate.

Eurotunnel’s revenue increased by five per cent in 2018 to €958.4 million. The Eurotunnel shuttle service revenue also increased, reaching €636.4 million. With nearly 11 million passengers travelling on the Eurostar, 2018 was a record year.

Europorte revenues were also up by two per cent, reaching €121 million.

Jacques Gounon, Chairman and Chief Executive Officer of the Group, said: “Getlink, a true service company, continues to grow by strengthening its position and setting new all-time records.”

Le Shuttle Freight hit an annual traffic record with nearly 1.7 million trucks crossing the English Channel, far outperforming its competitors. In 2018, more than 2.7 million passenger vehicles crossed the Channel aboard passenger shuttles, an increase of two per cent.

The ETICA programme, aimed at developing new cross-Channel services, allowed Eurostar to launch its new service to Amsterdam, which definitely assisted the increase in revenue.

Getlink’s revenues for 2018:

The seven per cent decrease in other income is mainly due to non-recurring revenue received in 2017.

Eurotunnel traffic during 2018: