Third quarter 2019: small revenue increase in a context marked by uncertainties

► Third quarter 2019

• 3rd quarter revenue in 2019 rose to €305.1 million, a very slight increase compared to the same period in 2018 and on a like-for-like basis.

► Eurotunnel

• Eurotunnel Le Shuttle revenue down only 2% to €185.8 million despite a difficult market
• Rail Network revenue up +4% to €83.9 million, due mainly to the development of the direct London – Amsterdam service

 ► Europorte: a sharp rise in revenue; up 7% to €31.4 million

Jacques Gounon, Chairman and Chief Executive Officer of the Group commented: "In the third quarter, the Group has been bolstered by its fundamental principles of quality of service and premium offer and continued to grow in the context of lower European growth and the uncertainties related to Brexit".

1. All comparisons with revenue for the first nine months of 2018 are at the average exchange rate for the first nine months of 2019: £1 = €1.131