Eurotunnel operator reports record revenue of 1.6 billion euros
Eurotunnel operator Getlink ended 2022 with a 107 percent increase in revenue to a new all-time high of €1.6 billion, the company said on Thursday. Tunnel services accounted for 65% of revenue last year, Railway Supply reports, citing RailTech.
In 2022, LeShuttle Freight moved close to 1.45 million trucks across the Channel, while LeShuttle recorded 2.1 million passenger vehicles last year. Combined revenue from the shuttle services came out at 732 million euros, in increase of 53 per cent over the year prior. With the revenues such as from the railway network added, total Eurotunnel revenue grew by 63 per cent in 2022 to 1,049 million euros.
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The Eurotunnel contributed to a significant increase in Eurostar traffic in 2022, with passenger numbers up 407% to almost 8.3 million, hence Getlink’s revenue from the rail network increased by 64%. By comparison, Eurostar ended 2019 with 11.1 million passengers. The private freight rail operator and Europorte, a subsidiary of Getlink, recorded only a modest 5% increase in revenue in 2022 to 137 million euros.
Getlink’s full annual results for 2022 will be released on February 23rd.
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