Third quarter 2026: Group revenue up 10%

• Group:  Consolidated revenue of €521 million (+10% ^[1] ), driven by a strong performance across all activities
   
• Eurotunnel :  Revenue up 4% to €383 million thanks to growth in Shuttle activity
   
• Eleclink:  Revenue up 41% to €93 million, driven by the full availability of the interconnector and opportunities in the electricity markets
   
• Europorte:  Revenue up 7% to €45 million
   
• Target EBITDA ^[2] for 2026 of between €835 million and €870 million ^[3] confirmed

Yann Leriche, Chief Executive Officer,  comments: “The 3^rd quarter performance confirms the strength of Getlink’s business model and the complementary nature of its activities. Eurotunnel pursues its progress, driven by growth in the Shuttle services, which are gaining market share in both the passenger and truck activities. Eleclink continues to create value by capitalising on a favourable market environment, whilst Europorte benefits from the momentum of its infrastructure activities. Finally, recent developments in the cross-Channel high-speed rail market – notably Trenitalia’s order for new trains and the unveiling of Virgin’s project for a 2030 launch – reinforce our confidence in the Group’s medium-term growth potential.”

Footnotes

1. All comparisons with revenue for the first nine months of 2025 are made at the average exchange rate for the first nine months of 2026 of £1 = €1.160. ↑
2. In this release, "EBITDA" is equivalent to "current EBITDA" as defined in note D.4 of the 2025 consolidated financial statements: it is calculated by adding back depreciation charges to the trading profit ↑
3. Target revised in July 2026 based on the scope of consolidation and activity as at February 2026 and an exchange rate of £1 = €1.165, assuming a constant fiscal and regulatory environment. The previous EBITDA target communicated in February was between €820 million and €860 million. ↑