2024 Group revenue of €1.6 billion

2024 financial year:

• Group’s consolidated revenue at €1.614 billion in 2024, down 12% at a constant exchange rate^[1] compared to 2023 as a result of ElecLink’s lower contribution.

• Eurotunnel: revenue up 3% to €1.166 billion.

• Europorte: growth of 12% with revenue of €168 million.

• ElecLink: revenue of €280 million down 50% compared to 2023, impacted by the expected normalisation of electricity markets and the suspension of activity since 25 September.

• Confident in our ability to reach an EBITDA of between €780 and €830 million^[2] for 2024.

Yann Leriche, Getlink’s Chief Executive Officer, declared: “Eurotunnel and Europorte have achieved record revenues in 2024, a result of our efforts to strengthen our operational and commercial excellence. The Group’s revenue is down 12%, consequence of the expected normalisation of electricity markets and the suspension of ElecLink’s activity in the last quarter. The good performance of the Group’s activities, and of ElecLink in the first nine months of the year, combined with the control over our costs, enable us to confirm the range set for the Group’s EBITDA target for 2024.”

Footnotes

1. ^{^} [1] All comparisons with 2023 are made at the average 2024 exchange rate of: £1=€1.184.
2. ^{^} [2] Target set in February 2024 on the basis of the scope of consolidation at that date and an exchange rate of £1=€1.153, assuming a constant regulatory and tax environment.