Getlink falls on suspending France-UK interconnector until February 2025

Getlink SE

16/12/2024 08:27

** Getlink  GETP.PA  falls 2.5%; set for worst day since
June 14
    ** Co suspends electrical interconnector between France and
Britain until Feb. 10 due to damaged cable
    ** Had first suspended service on Sept. 25
    ** Channel operator estimates additional commercial impact
of 11 mln euros ($11.6 mln) until year-end and additional 30 mln
 euros for the first six weeks of 2025
    ** Year-to-date, Getlink's stock down 7.7%

($1 = 0.9520 euros)

 (Reporting by Gianluca Lo Nostro)
 ((gianluca.lonostro@thomsonreuters.com;))