Eurotunnel: net profits up 20%.
(CercleFinance.com) - For the first half-year of 2017, Eurotunnel publishes a 20% increase in net profit to 35 million euros and EBITDA up 8% to 242 million for a 3% increase in turnover to 497 million.
As regards its concession of the Channel Tunnel Fixed Link, the infrastructure group records turnover of 438 million with a 3.7% increase in average yield and a recovery of high-speed train passenger traffic (+1%).
Eurotunnel declares that it remains confident in its capacity to generate sustainable growth and continues to build on EBITDA growth. The group therefore reconfirms its EBITDA and dividend objectives.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
As regards its concession of the Channel Tunnel Fixed Link, the infrastructure group records turnover of 438 million with a 3.7% increase in average yield and a recovery of high-speed train passenger traffic (+1%).
Eurotunnel declares that it remains confident in its capacity to generate sustainable growth and continues to build on EBITDA growth. The group therefore reconfirms its EBITDA and dividend objectives.
Copyright (c) 2017 CercleFinance.com. All rights reserved.