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Getlink : Roadshow feedback: Outperform rating confirmed

>Eleclink: an impressive start to operations. Fears around the profit- sharing clause unjustified in our view - At the road show that we organised with Getlink’s management at the end of last week, unsurprisingly several questions focused on Eleclink which began operating on 25 May in particularly favourable market conditions. The electricity MWh price gap between France and the UK has historically been just a few euros, whereas it stood at € 58 in H1. In the auctions...
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.

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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.

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