Revenues plunge in pandemic

Eurotunnel’s parent company Getlink says its revenues were down 24% last year as the impact of the pandemic and travel restrictions bit hard.

In its annual financial figures, the firm generated £721.3million in 2020 - down almost a quarter on 2019. With much of the year seeing tough cross-Channel travel restrictions, the firm saw a 46% drop in cars using the service, a 71% dip in coaches and HGVs down 9%.

But the heavily reduced Eurostar service - run by a different company which pays to use the cross-Channel link - saw traffic drop by 77%. Eurostar has appealed for government help after it was forced to slash its services.

As a result of the dip in traffic, Eurotunnel says revenues on its Le Shuttle service between Folkestone and Coquelles was down 17% to £460.95m.

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