Getlink: Q3 sales virtually flat
(CercleFinance.com) - Getlink has posted Q3 2024 sales of E475m, down 0.
4%, due to the 21% drop in ElecLink's contribution to E76m, over the period reflecting the normalisation of the electricity market'.
However, the group's historical business lines reported growth, with increases of 5% for its Channel Tunnel subsidiary Eurotunnel, to E359m, and for its rail freight subsidiary Europorte, to E40m.
On the basis of the ElecLink's return to service, which is still scheduled for mid-November, the infrastructure group confirms its forecast of EBITDA of between E780m and E830m for FY 2024.
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