Eurotunnel revenues rise by 5%

Channel Tunnel owner Eurotunnel is claiming a rise in revenues in 2015 to 1.22 billion euros (£930 million), an increase of 5% on 2014.

Shuttle services revenues increased by the same percentage to 579.7 million euros (£440.6m), and its Europorte business increased by 9% to 306.6 million euros (£233m).

The company says that since security improvements were completed in October, there have been no significant intrusions by refugees at its Coquelles terminal. Meanwhile, its truck shuttle operations set a new record in November 2015 with 134,000 lorries using the link.

Eurotunnel also says that its car and coach shuttles outperformed a cross-Channel market that it claims has fallen by 2.7%. Le Shuttle carried 2.5 million cars, and its market share now stands at 52.6%.

However, cross-Channel freight suffered a 17% fall in the number of trains operated and a 14% decline in tonnage carried. Eurotunnel blames this on incursions by migrants into French National Railways’ (SNCF’s) freight terminal at Calais-Frethun.