Eurotunnel Folkestone Terminal

Eurotunnel operator reports record revenue of 1.6 billion euros

Revenue from Shuttle services was up 53 per cent in 2022. 2015, Phil Beard /

Eurotunnel operator Getlink has ended 2022 with a 107-per cent increase in revenue for a new all-time high of 1.6 billion euros, the company announced on Thursday. The tunnel services itself accounted for 65 per cent of revenue last year.

In 2022, LeShuttle Freight moved close to 1.45 million trucks across the Channel, while LeShuttle recorded 2.1 million passenger vehicles last year. Combined revenue from the shuttle services came out at 732 million euros, in increase of 53 per cent over the year prior. With the revenues such as from the railway network added, total Eurotunnel revenue grew by 63 per cent in 2022 to 1,049 million euros.

Eurotunnel in 2022 facilitated a vast increase in Eurostar traffic, with the number of passengers up by 407 per cent to almost 8.3 million, euros hence the 64 per cent increase in revenue from the railway network for Getlink. By comparison, Eurostar ended 2019 with 11.1 million passengers. Private rail freight operator and Getlink subsidiary Europorte recorded only a small increase in revenue of 5 per cent in 2022 to 137 million euros.

Getlink’s full annual results for 2022 will be published on February 23.

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Author: Nick Augusteijn

Chief Editor,

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