Is Eurotunnel making money?

At €1.049 billion, Eurotunnel revenue saw an increase of 63% at a constant exchange rate, a level never before seen for this business. Revenue from the Shuttle business increased by 53% to €732 million compared to 2021, in a context marked by the return of tourist traffic, thus confirming people's appetite for travel.



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It reported pre-tax profits for the first half of the year of €52 million, a reversal of the losses of €127 million it reported in the first six months of 2021. Last year losses totalled €237 million on top of a €119 million deficit in 2020.

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Financing Eurotunnel. Eurotunnel is the largest privately- financed infrastructure in history by a long way. In what it has achieved it has been a stunning success—in its current financial situation it is obviously also a failure at this stage if measured by return on investment.

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Eurotunnel is now highly profitable, after a difficult start when it was held down by massive debts from the tunnel construction. Debt restructuring in 2007 reversed the company's fortunes — at the expense of thousands of small shareholders who saw their holdings slashed in value.

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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.

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Monopoly tunnel Eurostar has been the sole operator of passenger services on the line since its opening in the early 1990s, with these running between London and various destinations in Europe, including Paris.

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For a few worrying months, with lockdowns in places and travel quarantines required for most, the high-speed train service was operating a single service a day to Paris and Brussels from London, provided mainly for key workers. In 2019, the last “normal” year of travel, Eurostar recorded a healthy £62.4m profit.

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For a few worrying months, with lockdowns in places and travel quarantines required for most, the high-speed train service was operating a single service a day to Paris and Brussels from London, provided mainly for key workers. In 2019, the last “normal” year of travel, Eurostar recorded a healthy £62.4m profit.

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No - we do not oversell any of our departures.

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A spokesperson for Eurotunnel Le Shuttle said: A train has broken down in the tunnel and we are in the process of transferring customers to a separate passenger shuttle via the service tunnel, to return to our Folkestone terminal. We apologise sincerely for this inconvenience.

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