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Getlink
Getlink (GET) investor relations material
Getlink H2 2025 & Investor Day 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 & Investor Day 2026 earnings summary26 Feb, 2026
Executive summary
EBITDA reached €859 million in 2025, up 4% year-over-year and above guidance, driven by strong Eurotunnel and Europorte performance, with record highs for both segments.
Net consolidated profit rose 3% to €320 million, with a proposed dividend of €0.80 per share, up from €0.58, reflecting a reset in shareholder remuneration.
Management outlined a growth-focused strategy targeting €1 billion EBITDA by 2030, driven by operational excellence, customer-centricity, and leveraging unique assets like the Channel Tunnel and ElecLink.
Major milestones included new high-speed rail initiatives, insurance compensation for Eleclink, and achievement of 2025 decarbonisation goals.
Cash position at year-end was €1,498 million after dividend payments and refinancing activities.
Financial highlights
Revenue was €1,595 million, down 1% year-over-year due to Eleclink’s 20% revenue drop from market normalization and temporary suspensions.
EBITDA increased from €560 million in 2019 to €859 million in 2025, a 53% rise despite challenges from COVID, Brexit, and inflation.
Eurotunnel revenue grew 4% to €1,198 million; Europorte up 2% to €172 million.
Net debt reduced by €184 million to €3,392 million; cash position at €1,498 million.
Free cash flow declined to €374 million from €471 million, mainly due to Eleclink.
Outlook and guidance
Targeting €1 billion EBITDA by 2030, with 2026 EBITDA guidance set between €820 million and €860 million, reflecting commercial momentum and secured Eleclink revenues.
Dividend policy aims for €0.80 per share in 2026, with €0.05 annual increases to reach €1 by 2030, subject to AGM approval.
Growth expected from LeShuttle Passenger, gradual recovery in Freight, and increased High-Speed rail passengers.
CapEx cycle elevated until 2032 due to rolling stock and infrastructure upgrades, then expected to ease.
Gradual implementation of EES formalities at Eurotunnel sites expected between April and September 2026.
Eleclink profit sharing formalization status
Eurotunnel shuttle refurbishment supplier change
New high-speed rail capacity and operators
Eleclink profit-sharing mechanism status
UK business rates challenge: project impact
High Speed Rail new services: timeline & scope
Partial view of Summaries dataset, powered by Quartr API
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Next Getlink earnings date
Q1 2026 TU23 Apr, 2026
Getlink
Next Getlink earnings date
Q1 2026 TU23 Apr, 2026
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Frequently asked questions
Getlink SE, previously known as Groupe Eurotunnel, is a key player in infrastructure management and transportation services, primarily known for its operation of the Channel Tunnel between England and France. This company provides a crucial link for cross-channel transportation, facilitating the movement of passenger vehicles, trucks, Eurostar passengers, and rail freight trains. Getlink's operations extend beyond the tunnel, encompassing rail freight operations through its Europorte service, electrical interconnections between the UK and France via ElecLink, and a private railway training center. The company's headquarters are in Paris, Ile-de-France, France, and its shares are listed on the Euronext Paris exchange.
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