Revenues for the first quarter of 2017 increased by 1%1 to €231.8 million
- Shuttle revenues stable at €130.8 million
- Railway Network revenues increased by 4% to €68.9 million
- Europorte: revenues stable at €28.9 million
Jacques Gounon, Chairman and Chief Executive Officer of Groupe Eurotunnel SE, stated:
"In the first quarter of 2017, the Eurotunnel Group has once again shown proof of its ability to generate growth. We reconfirm our confidence in our ability to reach our strategic plan for 2020".
- Channel Tunnel Fixed Link
- The month of March was an all-time record for Le Shuttle Freight with more than 150,000 vehicles transported, an increase of +5% compared to March 2016, the previous record month.
- On 17 March 2017, Eurotunnel carried its 25 millionth truck since services started in 1994.
- Passenger traffic suffered from an unfavourable calendar effect which this year saw the Easter weekend, a strong driver for tourist traffic, fall in the month of April whilst in 2016 it fell in March.
- With a market share for cars2 of 62.4% in the Short Straits market in the first quarter of 2017, Le Shuttle recorded its best results since opening in 1994.
- Unanimous agreement on new working time arrangements with all the Unions.
- New traffic start-ups.
- The ceremony to lay the foundation stone for the new electrical interconnector between the UK and France was attended by UK Minister for Industry and Energy, Jesse Norman.