Eurotunnel sees revenue increase for 2016

Eurotunnel sees revenue increase for 2016

Eurotunnel has seen revenue increase by four per cent, to €1.023 billion, for financial 2016.

At the same time, EBITDA increased to €514 million, while net consolidated profit increased strongly to €200 million.

Jacques Gounon, chairman and chief executive, Groupe Eurotunnel, stated: “Last year was the best year in our history.

“Our three core businesses each outperformed their sector: the Fixed Link is a unique asset in the infrastructure world, ElecLink has entered its construction phase and Europorte is the most efficient company in its sector.

“Our outlook is very good and we are announcing new improved objectives for 2017 and 2018.”

ADVERTISEMENT

Eurotunnel revealed an 18 per cent increase in the dividend, to €0.26 per share.

In 2016, Eurotunnel’s Shuttles transported 2.66 million passenger vehicles and 1.64 million trucks, a strong growth.

Le Shuttle achieved a car market share of 55 per cent for 2016.