Getlink SE Formerly known as Getlink. Getlink SE, formerly known as Groupe Eurotunnel SE, is a France-based company, which brings together a group of companies active in the fields of infrastructure management and transport operations. Its various entities share the attention to quality and customer service, with priority given to safety. The Company manages and operates the Channel Tunnel between the United Kingdom and France and its railway infrastructure. The Company is also engaged in the passenger and freight transport between continental Europe and the United Kingdom. In addition, it provides ferry transport through the Channel. Getlink SE has direct and indirect stakes in a number of companies, including The Channel Tunnel Group Limited, France Manche SA and Europorte SAS, among others.
  • TickerGET
  • ISINFR0010533075
  • ExchangeEuronext Paris
  • SectorIndustrial Transportation
  • CountryFrance

GETLINK sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of GETLINK (FR), a company active in the Transportation Services industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date October 20, 2020, the closing price was EUR 12.94 and its potential was estimated at EUR 14.55.

Alfred Glaser ...
  • Delphine Brault

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 20/10/2020

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Virginie Rousseau

Getlink : Upward revision to our estimates post-Q3 2020

>Reassuring elements for Q4, Getlink continues to adjust - After the publication of Q3 2020 sales ahead of our expectations (see our comment of 19 October), Getlink, for once, organised a conference call. This provided the new management team (Yann Leriche - CEO since July - and Géraldine Périchon - CFO since September 7) with an opportunity to comment on the abandoning of guidance and the obtaining of a waiver.The volume environment clearly remains uncertain giv...

Virginie Rousseau

Getlink : Relèvement de nos estimations post T3 2020

>Des éléments rassurants pour le T4, Getlink continue de s’ajuster - Après la publication d’un chiffre d’affaires T3 supérieur aux attentes (cf. notre commentaire du 19 octobre), Getlink a – une fois n’est pas coutume - organisé une conférence téléphonique. Ce fut l’occasion pour la nouvelle équipe managériale (Yann Leriche – CEO depuis juillet – et Géraldine Périchon – CFO depuis le 7 septembre) de commenter le renoncement à la guidance et l’obtention de waiver notam...

Valérie GASTALDY

Analyse court terme - GROUPE EUROTUNNEL : La reprise est une consolidation.

La tendance est baissière. La reprise est une consolidation. La baisse risque de reprendre jusqu'à 10,440 €. La tendance de fond serait remise en cause en cas de franchissement de 11,400 €.

Valérie GASTALDY

Short term view - GROUPE EUROTUNNEL : The recovery is a consolidation.

The trend is bearish. The recovery is a consolidation. The fall might resume toward €10.440. The background trend would be questioned should prices rise above €11.400.

Valérie GASTALDY

Short term view - GROUPE EUROTUNNEL : The trend is bearish.

The trend is bearish. The bounce is gaining strength. The bounce might end at the resistance at €11.400 and prices would fall again toward €10.440. The background trend would be questioned should prices rise above €11.400.

Valérie GASTALDY

Analyse court terme - GROUPE EUROTUNNEL : La tendance est baissière.

La tendance est baissière. Le rebond gagne en vigueur. Il est probable que cette reprise s'achève sur la résistance à 11,400 € et que les prix baissent à nouveau vers 10,440 €. La tendance de fond serait remise en cause en cas de franchissement de 11,400 €.

Valérie GASTALDY

Analyse moyen terme - GROUPE EUROTUNNEL : La tendance est haussière.

La tendance est haussière. La baisse récente gagne en vigueur. Le prochain support est à 10,000 €. La tendance serait remise en cause par la rupture de 10,000 €.

Virginie Rousseau

Getlink : Upward revision to our estimates post-Q3 2020

>Reassuring elements for Q4, Getlink continues to adjust - After the publication of Q3 2020 sales ahead of our expectations (see our comment of 19 October), Getlink, for once, organised a conference call. This provided the new management team (Yann Leriche - CEO since July - and Géraldine Périchon - CFO since September 7) with an opportunity to comment on the abandoning of guidance and the obtaining of a waiver.The volume environment clearly remains uncertain giv...

Virginie Rousseau

Getlink : Relèvement de nos estimations post T3 2020

>Des éléments rassurants pour le T4, Getlink continue de s’ajuster - Après la publication d’un chiffre d’affaires T3 supérieur aux attentes (cf. notre commentaire du 19 octobre), Getlink a – une fois n’est pas coutume - organisé une conférence téléphonique. Ce fut l’occasion pour la nouvelle équipe managériale (Yann Leriche – CEO depuis juillet – et Géraldine Périchon – CFO depuis le 7 septembre) de commenter le renoncement à la guidance et l’obtention de waiver notam...

Virginie Rousseau

Getlink : Q3 2020 sales ahead of expectations, waiver obtained

>Q3 2020 sales down 17% vs -24% forecast by the consensus - Getlink reported Q3 sales down 17% to € 252m, ahead of expectations (€ 232m). While shuttle traffic was known (-3% on trucks and -30% on light vehicles), Eurostar traffic unsurprisingly fell by 89%, penalised by the drop in the number of trains crossing the Channel (3 to 6 return trips per day vs 25 before the crisis).Note that, despite the sharp drop in light vehicle traffic, shuttle sales declined by j...

Virginie Rousseau

Getlink : Chiffre d’affaires T3 supérieur aux attentes, obtention de waiver

>CA T3 en baisse de 17% vs -24% attendus par le consensus - Getlink a publié un chiffre d’affaires T3 en baisse de 17% à 252 M€, supérieur aux attentes (232 M€). Alors que le trafic des navettes était connu (-3% sur les camions et -30% sur les véhicules légers), le trafic Eurostar affiche, sans surprise, une chute de 89%, pénalisée par la baisse du nombre de trains franchissant la Manche (3 à 6 allers-retours par jour vs 25 avant la crise).Notons que malgré la fo...

Virginie Rousseau

Getlink : Eleclink: at last IGC issues favourable opinion on the launch of tests

>An agreement awaited for almost a year... - Getlink announced yesterday that the IGC has given consent to carrying out connection tests at the two converter stations: to the RTE network on the French side and the National Grid on the UK side in the framework of its Eleclink project. The testing phase will begin in the coming days. Note that Eleclink is a 1 GW electrical interconnection using the Channel Tunnel infrastructure (high voltage direct current cable in...

Expert Corporate Governance Service (ECGS)

Getlink – AGM 30 April 2020

In the context of the current Covid 19 crisis, the Board of Directors has decided "as a matter of prudence and in view of the general trend", not to propose the payment of the 2020 dividend in respect of the 2019 FY. In a vision of long-term responsible investment, and in the current health, economic and social context, ECGS agrees that priority should go to solvency (resolution 2). The Board of Directors has announced the implementation, on 1 July 2020, of the separation of the roles of Chairman of the Board and CEO and the appointment of a new CEO. As part of the implementation of this new ...

Getlink SE - Assemblée Générale des actionnaires du 30 avril 2020

En raison de la crise actuelle du Covid-19, l'assemblée générale se tiendra à huis clos au siège social de la société. Dans les circonstances actuelles, la société a annoncé renoncer à verser un dividende "par prudence, et compte tenu d’une tendance générale de ne pas proposer lors de son assemblée générale annuelle le paiement en 2020 du dividende au titre de l'exercice 2019". Par ailleurs, a société avait également annoncé la séparation des fonctions de Président du conseil et de Directeur général à compter du 1er juillet 2020, Jacques Gounon conservant la présidence et Yann Leriche étant ...

Getlink, 18 Avril 2019

Le dividende proposé s'élève à 0,36 € par action contre 0,30 € l'an passé, soit une augmentation de 20% alors que le bénéfice par action croit de 14%. Il n'est pas couvert par les bénéfices. L'endettement significatif de la société limite l'attrait d'un dividende pour l'actionnaire de long-terme, la société subisant un endettement important de longue date en raison de son activité. Il est légitime que le dividende d'une activité de concession soit élevé mais l'augmentation du dividende de 6 centimes par action nous semble prématurée (résolution 2). La création et l'attribution d'une nouvelle ...

Getlink - Assemblée générale des actionnaires du 18 avril 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Getlink – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Groupe Eurotunnel SE: Update following publication of annual results

INFRASTRUCTURE AND PROJECT FINANCE CREDIT OPINION 4 April 2017 Update RATINGS Groupe Eurotunnel SE Domicile France Long Term Rating Baa2 Type LT Corporate Family Ratings - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Raffaella Altamura 44-20-7772-8613

Alfred Glaser ...
  • Delphine Brault

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 20/10/2020

...

Florent Laroche-Joubert

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/16/2020

We present our ESG analysis method based on a series of seven risks and seven opportunities covering the three ESG dimensions and the solutions to the major sustainable development challenges. It will gradually be applied to all the companies covered by the financial analyst department and we start with the pharma sector. Based on the most material ESG risks and opportunities in the sector, GSK is our best-in-class pick among the six European Pharma stocks covered by ODDO BHF Securiti...

GETLINK sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of GETLINK (FR), a company active in the Transportation Services industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date October 20, 2020, the closing price was EUR 12.94 and its potential was estimated at EUR 14.55.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the we...

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