H1 16 revenues (€582m; -€15m lfl or -2% reported and +€12m at cc or +2%); H1 16 EBITDA (€252m; +€9m at cc and -€5m reported) increased by 4% at cc and -2% reported; H1 16 net result from continuing operations down to €38m: -€6m reported and -€2m at cc. Eurotunnel has unsurprisingly revised down its EBITDA targets at cc due to the lower pound (£1 = €1.27 vs €1.37; AlphaValue’s forecasts are currently made with €1.11). - FY
20 Jul 2016
Strong Shuttle traffic but lower train traffic, lower £/€ and revised guidance
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Strong Shuttle traffic but lower train traffic, lower £/€ and revised guidance
Getlink SE (GET:WBO) | 0 0 1.0% | Mkt Cap: 5,970m
- Published:
20 Jul 2016 -
Author:
Myriam Cohen -
Pages:
2
H1 16 revenues (€582m; -€15m lfl or -2% reported and +€12m at cc or +2%); H1 16 EBITDA (€252m; +€9m at cc and -€5m reported) increased by 4% at cc and -2% reported; H1 16 net result from continuing operations down to €38m: -€6m reported and -€2m at cc. Eurotunnel has unsurprisingly revised down its EBITDA targets at cc due to the lower pound (£1 = €1.27 vs €1.37; AlphaValue’s forecasts are currently made with €1.11). - FY