Overview
France-based Channel Tunnel operator's 2025 revenue fell 1%, meeting analyst expectations
EBITDA for 2025 exceeded guidance, driven by Eurotunnel and Europorte growth
Company proposes dividend increase to €0.80 per share, up from €0.58 in 2024
Outlook
Getlink targets 2026 EBITDA between €820 mln and €860 mln
Company plans to maintain dividend at €0.80 per share in 2026
Getlink sees reasonable growth for Eurotunnel amid competitive environment
Result Drivers
EUROTUNNEL GROWTH - Eurotunnel revenue rose by 4% due to increased railway traffic and enhanced service quality
ELECLINK DECLINE - Eleclink revenue decreased by 20% due to energy market normalization and temporary suspensions
EUROPORTE PERFORMANCE - Europorte revenue increased by 2%, driven by acquisitions and value-added contracts
Company press release: ID:nBw9XYtrXa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Meet
EUR 1.60 bln
EUR 1.60 bln (16 Analysts)
FY Net Income
EUR 320 mln
FY EBIT
EUR 609 mln
FY Pretax Profit
EUR 316 mln
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy", 6 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the highways & rail tracks peer group is "buy."
Wall Street's median 12-month price target for Getlink SE is €18.20, about 1.4% above its February 25 closing price of €17.95
The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 29 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)