Getlink : Traffic under pressure in early 2021 but speculative appeal intact
>Traffic: a marked decline anticipated for the beginning of 2021 - At our Forum, Getlink’s IR confirmed that following an 8% uptick in traffic in December (driven by stockpiling ahead of the Brexit deadline), there is a risk that 2021 will get off to a bad start for truck shuttles due to destocking. On the other hand, Getlink confirmed that traffic through the tunnel has remained fluid since the beginning of the January despite the new customs formalities. Meanwhile, ...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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