Getlink SE has announced a consolidated revenue of 1.61 billion euros for 2024, marking a 12% decrease from the prior year when adjusted for constant exchange rates. This decline is primarily attributed to the reduced contribution from ElecLink, which has been affected by the anticipated standardization of electricity markets and a suspension of operations since September 25, 2024. However, Eurotunnel reported a 3% increase in revenue, also at a constant exchange rate, to 1.166 billion euros. This growth was mainly fueled by the Railway Network and other revenue streams.
In the fourth quarter, the Group's revenue fell 22% year-over-year to 331 million euros, a direct consequence of the halt in ElecLink's operations during the quarter. Despite these challenges, the Group remains confident in achieving an EBITDA between 780 million euros and 830 million euros for 2024.