Groupe Eurotunnel consolidated revenues increase +7%
Operating costs increased proportionately, to €709 million (+8%). EBITDA reached €498 million, an increase of €32 million (+7%) compared to 2013. The operating profit increased by €32 million to €334 million (+11%).
The pre-tax profit for the Eurotunnel Group for the 2014 financial year is a profit of €56 million, an increase of €26 million compared to 2013, of which €8 million is from the Fixed Link, €13 million from MyFerryLink and €5 million from Europorte.
The consolidated result after tax for the Eurotunnel Group for 2014 is a profit of €57 million, compared to €111 million in 2013 which included an exceptional tax credit of €83 million following the initial recognition of a deferred tax asset at 31 December 2013.
Free cash flow generated in 2014 reached €155 million. Available cash at December 31, 2014 increased to €385 million.
In 2014, Eurotunnel's Shuttles transported 2.6 million passenger vehicles and 1.4 million trucks. Le Shuttle broke its previous all-time record during the school holidays with a total of more than 19,000 vehicles carried in one day, on December 19. This is the highest volume ever transported in one day in 20 years of operations. ■