on GETLINK (EPA:GET)
Getlink Targets €1 Billion EBITDA by 2030 in New Growth Phase
Getlink has unveiled a strategic plan targeting €1 billion in EBITDA by 2030. This ambition is bolstered by robust growth in its LeShuttle Passenger activity and a steady recovery in LeShuttle Freight traffic. The company also anticipates an increase of 2.3 million High-Speed rail passengers by 2025 on existing lines.
Growth prospects extend beyond 2030, driven by expansions in High-Speed rail services and new destinations, including Germany and Switzerland. Over the next decade, Getlink expects to accommodate an additional 10 million High-Speed passengers compared to 2025 figures. Improved EBITDA conversion to Free Cash Flow is anticipated.
Additionally, Getlink plans gradual annual dividend increases, starting at €0.80 per share in 2026, reaching €1 by 2030. CEO Yann Leriche emphasized a clear growth trajectory with strategic execution focused on High-Speed rail development and optimized capital expenditure.
R. E.
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