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Name | Symbol | Market | Type |
---|---|---|---|
Getnet Adquirencia e Servicos para Meios de Pagamento SA | NASDAQ:GET | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.88 | 1.79 | 1.96 | 0 | 01:00:00 |
Regulatory News:
Getlink SE (Paris:GET):
Yann Leriche, the Group's Chief Executive Officer, added: "In the third quarter, all the Group's entities delivered an excellent operational performance, to the benefit of our customers. The attractiveness of the Channel Tunnel was reaffirmed with Evolyn's decision to launch a new high-speed passenger train service between Great Britain and continental Europe from 2025, confirming the strong growth potential of low-carbon cross-Channel traffic."
► Third quarter 2023: highlights
► REVENUE: THIRD QUARTER
Third-quarter revenue (1 July to 30 September)
€m
3rd quarter
2023
unaudited
3rd quarter
2022
restated*
Variation
3rd quarter
2022
published**
Eurotunnel Shuttles
231.5
235.1
-2%
235.1
Railway Network
99.8
84.5
18%
84.3
Other revenue
7.2
6.4
13%
6.4
Sub-total Eurotunnel
338.5
326.0
4%
325.8
Europorte
38.0
32.9
15%
32.9
ElecLink
96.0
107.4
-11%
107.4
Revenue
472.5
466.3
1%
466.1
*
Restated using the average exchange rate for the first nine months of 2023 of £1 = €1.154.
**
The average exchange rate for the first nine months of 2022 was £1 = €1.173.
A. Group
The Group's consolidated revenue for the third quarter rose by 1% at a constant exchange rate, to €472.5 million.
B. Eurotunnel
At €338.5 million, Eurotunnel's revenue is 4% up on the third quarter of 2022.
Shuttle revenue totalled €231.5 million, down 2% in the third quarter compared with the same period last year.
Railway Network revenue rose by 18% to €99.8 million, driven by the increase in Eurostar traffic.
C. Rail freight operators: Europorte and its subsidiaries
After a first half impacted by strikes by the operator of France's public rail network, Europorte posted a 15% increase in sales to €38 million in the third quarter.
D. ElecLink
At 30 September, ElecLink had secured more than €550 million in revenue for 2023 (representing 95% of capacity) and more than €250 million for 2024 (52% of capacity), subject to the effective delivery of the service.
In the third quarter, ElecLink's revenue was mechanically down by 11% compared with the third quarter of 2022, due to the reduction in Franco-British spreads on the electricity markets.
► OUTLOOK
Getlink reiterates its confidence in its ability to exceed EBITDA of €910 million in 2023.
Nine-month revenue (1 January to 30 September)
€ million
Year to date
30 Sept 2023
unaudited
Year to date
30 Sept 2022
restated*
Variation
Year to date
30 Sept 2022
published**
Eurotunnel Shuttles
570.3
565.2
1%
570.2
Railway Network
279.1
212.2
32%
214.0
Other revenue
20.1
16.7
20%
16.8
Sub-total Eurotunnel
869.5
794.1
9%
801.0
Europorte
111.1
100.5
11%
100.5
ElecLink
425.7
142.1
200%
142.0
Revenue
1,406.3
1,036.7
36%
1,043.5
*
Restated at the average exchange rate for the first nine months of 2023 of £1 = €1.154.
**
The average exchange rate for the first nine months of 2022 was £1 = €1.173.
For the first nine months of the year, Group revenue reached €1.406 billion, up 36% compared with 2022, driven in particular by ElecLink revenues over the entire period and growth in Railway Network revenues.
► EUROTUNNEL TRAFFIC
Third-quarter traffic (1 July to 30 September)
Q3 2023
Q3 2022
Variation
Truck Shuttles
Trucks
283,655
335,541
-15%
Passenger Shuttles
Passenger vehicles1
779,966
788,560
-1%
High-speed trains (Eurostar) 2
Passengers
3,011,519
2,591,245
16%
Rail freight trains 3
Number of trains
366
379
-3%
1
Including motorbikes, vehicles with trailers, caravans, motorhomes and coaches.
2
Only Eurostar passengers using the Channel Tunnel are included in this table, which excludes journeys between continental stations (Brussels-Calais, Brussels-Lille, Brussels-Amsterdam, etc.).
3
Trains operated by railway companies (DB Cargo on behalf of BRB, SNCF and its subsidiaries, GB Railfreight, RailAdventure and Europorte) using the Tunnel.
Nine-month traffic (1 January to 30 September)
Year to 30
Sept 2023
Year to 30
Sept 2022
Variation
Truck Shuttles
Trucks
908,090
1,102,374
-18%
Passenger Shuttles
Passenger vehicles1
1,789,865
1,661,019
8%
High-speed trains (Eurostar) 2
Passengers
8,103,170
5,894,180
37%
Rail freight trains 3
Number of trains
1,099
1,133
-3%
1
Including motorbikes, vehicles with trailers, caravans, motorhomes and coaches.
2
Only Eurostar passengers using the Channel Tunnel are included in this table, which excludes journeys between continental stations (Brussels-Calais, Brussels-Lille, Brussels-Amsterdam, etc.).
3
Trains from railway companies (DB Cargo on behalf of BRB, SNCF and its subsidiaries, GB Railfreight, RailAdventure and Europorte) using the Tunnel.
A. Eurotunnel Shuttles
B. Railway Network
*****************************************
About Getlink
Getlink SE (Euronext Paris: GET), through its subsidiary Eurotunnel, holds the concession for the Channel Tunnel infrastructure until 2086 and operates Truck and Passenger Shuttle services (cars and coaches) between Folkestone (UK) and Calais (France). Eurotunnel is the fastest, most reliable, easiest and most environmentally friendly way to cross the Channel. Since its inauguration in 1994, more than 490 million people and 101 million vehicles have travelled through the Channel Tunnel. This unique land link, which carries 25% of trade between the Continent and the United Kingdom, has become a vital link strengthened by the ElecLink electricity interconnector installed in the Tunnel. Getlink complements its sustainable mobility services with its rail freight subsidiary Europorte, which offers a wide range of integrated rail transport services. Committed to "low-carbon" services that control their impact on the environment (through its activities, the Group avoids the equivalent of 2 million tonnes of CO2 per year), Getlink has made the place of people, nature and territories a central concern.
https://www.getlinkgroup.com
_________________________ 1 All comparisons with revenue for the first nine months of 2022 are made at the average exchange rate for the first nine months of 2023 of £1 = €1.154. 2 Objective set in February 2023 based on the scope of consolidation at that date and an exchange rate of £1=€1.15, assuming a constant regulatory and tax environment.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231018003453/en/
Press contacts : Anne-Sophie de Faucigny: +33 (0)6 46 01 52 86
Analyst and investor contacts : Virginie Rousseau: +33 (0)6 77 41 03 39
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