on GETLINK (EPA:GET)
Stable revenue for Getlink in the third quarter of 2024
Getlink recorded revenues of €475 million in the third quarter of 2024, reflecting a slight decrease of 0.4% compared to the same period in 2023. The performance of its various segments influenced this overall result. Eurotunnel saw growth of 5%, reaching €359 million, while Europorte also grew by 5% with revenues of €40 million.
On the other hand, ElecLink suffered a significant drop of 21%, generating 76 million euros. This decrease is attributed to the normalization of the electricity market and a temporary suspension of activity due to a malfunction.
The Group maintains its target of an EBITDA of between 780 and 830 million euros for 2024, despite the challenges encountered by ElecLink.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all GETLINK news