Report
Chaima Ferrandon ...
  • Sven Edelfelt

Getlink : No scoop at the end of the year

>Q4 2023 sales in line - Getlink has published Q4 sales down 25% vs 2022 at € 423m (i.e. +9% vs 2019 excl. Eleclink), vs € 428m for the Visible Alpha consensus (shuttle traffic already published at -13% for trucks and stable for passengers for Q4 2023 vs Q4 2022 and -27% and -20% vs Q4 2019, respectively). Growth was largely penalised by a weaker performance from Eleclink (-53%) for a sales of € 132m (higher electricity prices in 2022).This quarter nevertheless s...
Underlying
Getlink SE

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Chaima Ferrandon

Sven Edelfelt

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