REG-GETLINK S.E. Getlink: Shuttle Traffic for April 2019

Getlink SEAnnouncement

14/05/2019 07:00

      Getlink: Shuttle Traffic for April 2019
    

      Destocking following a delay to Brexit
    

    

      Getlink (Paris:GET):
    

      

        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
        

           
        
      
      

        

           
        
        

           
        
        

           
        
        

           
        
        

          April 19
        
        

           
        
        

          April 18
        
        

           
        
        

          Change
        
        

           
        
        

          Jan-Apr 2019
        
        

           
        
        

          Jan-Apr 2018
        
        

           
        
        

          Change
        
      
      

        

          Le Shuttle Freight
        
        

           
        
        

          Trucks
        
        

           
        
        

          119,563
        
        

           
        
        

          135,341
        
        

           
        
        

          -12%
        
        

           
        
        

          559,575
        
        

           
        
        

          559,192
        
        

           
        
        

          0%
        
      
      

        

          Le Shuttle Passenger
        
        

           
        
        

          Passenger vehicles
        
        

           
        
        

          227,393
        
        

           
        
        

          221,654
        
        

           
        
        

          +3%
        
        

           
        
        

          716,657
        
        

           
        
        

          719,669
        
        

           
        
        

          0%
        
      
    

      As anticipated, April 2019 saw a reduction in truck traffic (-12% 
      compared to April 2018) following the high levels of inventory built by 
      British businesses during the first three months of the year, in the 
      lead up to an expected Brexit date of 29 March. The stockpiling seen in 
      January, February and March has been compensated by the reduction of 
      stock levels for non-perishable goods in April. At the same time, 
      several car plants brought forward their annual shutdowns, normally held 
      in August, to April, again limiting the associated delivery 
      requirements. This “unique seasonality” was also compounded by the 
      impact of striking French customs officers.
    

      Despite this, Eurotunnel’s Freight Shuttles have carried nearly 560,000 
      trucks since the start of 2019, a new record for the first four months 
      of the year.
    

      In April 2019 Eurotunnel’s Passenger Shuttles saw a 3% increase in 
      traffic compared to the same month last year, carrying 227,393 vehicles, 
      buoyed by a favourable calendar effect which saw the Easter weekend fall 
      in April 2019 compared to March last year. Since 1 January 2019, almost 
      717,000 passenger vehicles have crossed the Channel by Shuttle.
    

      The publication of May monthly figures will be on Wednesday 12 June 
      before markets open.
    

      For UK media enquiries contact
John Keefe 
      on + 44 (0) 1303 284491
Email: press@getlinkgroup.com

    

      For other media enquiries contact
Anne-Laure 
      Desclèves on +33(0)1 4098 0467
    

      For investor enquiries contact:
Jean-Baptiste 
      Roussille on +33 (0)1 40 98 04 81
Email: jean-baptiste.roussille@getlinkgroup.com
    

      Michael Schuller on +44 (0) 1303 288749
Email: Michael.schuller@getlinkgroup.com
    
View source version on businesswire.com: https://www.businesswire.com/news/home/20190513005902/en/

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