Lower profit for Channel Tunnel operator Getlink

Lower profit for Channel Tunnel operator Getlink

Getlink, the operator of the Channel Tunnel, posted a net profit of 317 million euros last year, down 5% from 2023. The drop in profits is due to the suspension of services from ElecLink, the high-voltage cable linking France and England through the Channel Tunnel. Competition from ferries also played tricks on Getlink. EuroTunnel, Getlink’s subsidiary that manages the tunnel’s vehicle and passenger transport operations, posted an operating prof…