Getlink: sinks to net loss in 2020, but will pay dividend
(CercleFinance.com) - Getlink has announced a net loss of 113 million euros for the past year, with EBITDA of 328 million euros and sales of 816 million euros, down 41% and 24% respectively at constant exchange rates.
The transport infrastructure group - which notably operates the Channel Tunnel - plans to pay a dividend of five euro cents per share, subject to approval by the General Meeting of Shareholders on 28 April.
Given the lack of visibility on future governmental decisions regarding the health crisis and travel restrictions, Getlink is postponing the announcement of a financial trajectory for 2021.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
The transport infrastructure group - which notably operates the Channel Tunnel - plans to pay a dividend of five euro cents per share, subject to approval by the General Meeting of Shareholders on 28 April.
Given the lack of visibility on future governmental decisions regarding the health crisis and travel restrictions, Getlink is postponing the announcement of a financial trajectory for 2021.
Copyright (c) 2021 CercleFinance.com. All rights reserved.