Getlink, formerly Groupe Eurotunnel, has announced revenue of €506.9m for Q1 2023. This is a 126% increase compared to the same period in 2022.

Eurotunnel Shuttle revenue was €154.2m (an increase of 14%), Railway Network revenue increased by 60% to €81.1m, Europorte revenue increased by 5% to €34.7m and ElecLink revenue was revealed to be €231.1m.

Yann Leriche, Group Chief Executive Officer said: “These strong revenue figures from across the Group’s activities in the first quarter confirm the growing attraction of our simple and low carbon solutions.

“The Shuttle traffic figures, the performance of the ElecLink business and Europorte’s growth are the fruits of the daily commitment by our teams to provide excellent quality services to our customers.”

In terms of Eurotunnel, Le Shuttle’s passenger traffic grew by 31%, carrying over 387,000 vehicles in Q1 2023.

The Railway Network saw Eurostar traffic rebound as 2,205,770 passengers were transported, a 121% increase.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Success can also be attributed to the deployment of Statcom technology, a static synchronous compensator connected to an electrical railway traction system, which allows up to 16 latest generation trains to run at the same time through the Tunnel.

As a result, there is an overall capacity of 1,000 trains per day passing through the tunnel.

Europorte’s success can partly be attributed to its growth in Germany and Belgium with the extension of the Flex Express network. This increased train frequency and supported the opening of a Europorte hub in Luisenthal, Germany.

Environmental responsibility will also increase the use of rail as a popular mode of transport. Getlink has strengthened its climate ambitions and aims to reduce carbon emissions by 54% by 2030, following a 30% reduction by 2025.

Getlink signed an agreement with the InVivo group to provide for the Soufflet malteries trains which use Oleo100 biofuel. This development reduces carbon emissions by 1,300 tonnes each year.