First-quarter 2025 revenues of €328 million

Growth in the Group's historical businesses

Return to service of the ElecLink interconnector on 5 February

► First quarter 2025

• Group’s consolidated revenue for the first quarter of 2025 amounted to €328 million, down 17% on the same period in 2024^[1].
• Eurotunnel: revenue up 2% to €254 million.
• Europorte: revenue up 2% to €41 million.
• ElecLink: revenue of €33 million (-69%) reflecting the expected normalisation of the electricity market and the suspension of activity until 5 February.
• Credit: Bond issue of €600 million and upgrading of Getlink SE rating to BB+ (vs BB previously) by S&P Global Ratings and Fitch Ratings.

Yann Leriche, CEO of Getlink, commented: "The Group's historical activities - Eurotunnel and Europorte - continued to grow, with revenue up by 2%. While LeShuttle volumes for the quarter reflect the sluggish economic environment and calendar effects, the continued improvement in the attractiveness of our services has enabled us to increase our passenger and truck market shares.
As expected, ElecLink's contribution was down, as a result of the normalisation of electricity markets and the suspension of activity until 5 February."

Footnotes

1. ^{^} [1] All comparisons with the first-quarter of 2024 revenues are made at the average first-quarter 2025 exchange rate of £1 = €1.201.