Getlink : Sharp drop in traffic expected but no liquidity risk
>Closure of borders between France and UK for non-EU/UK nationals - Among the new restriction measures to counter the COVID-19 outbreak, the French president announced on Monday 16 March that the border between France and the UK is to close for 30 days for non-EU nationals, including the UK. Although UK and EU nationals can continue to travel, the restrictions on movement announced in France and the incentives in the UK will have a sizeable impact on traffic in the ne...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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