PRESS RELEASE
GET 2011/32 19 October 2011
For release at 07:45
Groupe Eurotunnel revenue and traffic 10% increase in revenue in the third quarter of 2011
Third quarter 2011
In an economic context which remains difficult, total revenues for the third quarter of 2011 have risen by 10%, to 231.7 million, compared to the third quarter of 20101
The Concession for the cross-Channel Fixed Link
· Revenues from Shuttles increased by 8% to 116.5 million
· Revenues from the use of the railway network increased by 6%
· Increase of 10% for Truck Shuttle traffic, 4% for cars and a reduction of 2% for Eurostar passengers
Europorte: strong revenue growth (+30%)
Jacques Gounon, Chairman and Chief Executive of Groupe Eurotunnel, declared: « This summer,
Eurotunnel demonstrated its capacity to be market leader across the Channel and successfully introduced effective solutions for rail freight. The Group is nonetheless conscious of the signs of economic slow-down and will continue to optimise the flexibility of its services. »
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The first nine months of 2011
Revenues increased by 16%, at a constant exchange rate, to 627.8 million, compared to 2010.
Concession for the cross-Channel Fixed Link
Revenue increased by 9% at a constant exchange rate compared to 2010, to 516 million. Truck
Shuttle traffic grew by 17%. Passenger Shuttle activity continued on track with a further 5% increase in traffic. The Channel Tunnel maintained its high level of market share with no difficulty, confirming its place as leader in the cross-Channel market, both for Truck Shuttles and the Le Shuttle passenger service.
Eurostar however, experienced a slight drop in numbers at the end of the quarter.
All comparisons with 2010 have been made using the average exchange rate for the first nine months of 2011: £1=1.131
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