Getlink's Investors Expected to Focus on Traffic Outlook

Dow Jones16:25

0825 GMT - Getlink's investors are expected to focus on the outlook for traffic in the second half of the year and any updates on new rail operators joining the network, J.P Morgan analysts say in a research note. The French railway company, which operates the Eurotunnel service linking U.K. and France, is expected to see second-quarter revenue and Ebitda growth, the analysts say. The increase is set to be driven largely by a recovery at electricity interconnector Eleclink, following last year's outages. Eurotunnel is forecast to deliver only modest revenue growth as weaker shuttle traffic and currency headwinds offset higher pricing, they say. Despite stronger-than-expected performance at Eleclink, analysts don't expect Getlink to raise its full-year guidance due to continued weak traffic trends through the first half of the year, they add. Shares trade broadly flat at 18.43 euros. (nina.kienle@wsj.com)

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July 09, 2026 04:25 ET (08:25 GMT)

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The increase is set to be driven largely by a recovery at electricity interconnector Eleclink, following last year's outages. Eurotunnel is forecast to deliver only modest revenue growth as weaker shuttle traffic and currency headwinds offset higher pricing, they say. Despite stronger-than-expected performance at Eleclink, analysts don't expect Getlink to raise its full-year guidance due to continued weak traffic trends through the first half of the year, they add. Shares trade broadly flat at 18.43 euros. 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The French railway company, which operates the Eurotunnel service linking U.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. and France, is expected to see second-quarter revenue and Ebitda growth, the analysts say. The increase is set to be driven largely by a recovery at electricity interconnector Eleclink, following last year's outages. Eurotunnel is forecast to deliver only modest revenue growth as weaker shuttle traffic and currency headwinds offset higher pricing, they say. Despite stronger-than-expected performance at Eleclink, analysts don't expect Getlink to raise its full-year guidance due to continued weak traffic trends through the first half of the year, they add. Shares trade broadly flat at 18.43 euros. 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