EU and US could reach trade deal this weekend - Reuters
Investing.com -- Getlink shares dipped 0.5% after the company reported a 9% year-over-year revenue decline for the first half of 2025, though results slightly exceeded analyst expectations.
The company posted revenues of €739 million at constant currency, 1% above the company-compiled consensus of €732 million. EBITDA fell 14% YoY to €366 million, approximately 2% ahead of consensus estimates of €358 million, with the outperformance primarily driven by the Eleclink division.
Operating profit (EBIT) declined 15% to €257 million, outpacing consensus by 8% due to lower than forecasted depreciation and amortization expenses. Net profit showed a steeper drop of 35% to €113 million, though this still exceeded analyst expectations of €88 million, helped by favorable tax factors.
Despite the first-half performance decline, Getlink maintained its full-year 2025 EBITDA guidance in the range of €780-€830 million. Current Visible Alpha consensus sits at approximately €814 million, slightly below the company-compiled consensus of €816 million, and represents a downward revision from the €829 million forecast before first quarter 2025 results.
"We expect an improvement rather than inflection in Eurotunnel’s performance. Our FY26E forecasts are ahead of consensus, with Eleclink positioned for a return to top-line growth," noted RBC analysts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.