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GETLINK SE UNSP/ADR - GRPTY STOCK NEWS

Welcome to our dedicated page for GETLINK SE UNSP/ADR news (Ticker: GRPTY), a resource for investors and traders seeking the latest updates and insights on GETLINK SE UNSP/ADR stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GETLINK SE UNSP/ADR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GETLINK SE UNSP/ADR's position in the market.

News
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Getlink reported a significant Q1 revenue increase of €227.8 million, up 46% compared to Q1 2021, driven by a recovery in passenger traffic after the lifting of travel restrictions. Eurotunnel revenue soared 57% to €194.8 million, with Shuttle revenue rising 55% and Railway Network revenue increasing 57%. Europorte also saw a 3% revenue uptick. The company proposed doubling dividends and announced new board appointments. Overall, strong traffic growth suggests a positive outlook for the year.

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The combined general meeting of Getlink is scheduled for April 27, 2022, at 10:00 a.m. CET in Marcq-en-Barœul, France. Key documents related to the meeting were published on April 6 and March 2, 2022. Shareholders are urged to monitor the company's website for updates due to potential changes in the meeting's organization based on health and regulatory guidelines. The relevant documents are accessible at the registered office in accordance with French Commercial Code provisions.

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Getlink (PARIS:GET) has partnered with Salesforce (NEO:CRM) to enhance its digital transformation and customer engagement strategy. The collaboration will leverage Salesforce Marketing Cloud to improve services and create superior travel experiences for customers. Eurotunnel Le Shuttle aims to enhance passenger experience through digital solutions, including a personalized approach across multiple channels. This partnership is expected to better serve customers and drive loyalty, particularly in the travel, automotive, and lifestyle sectors.

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Getlink reported strong traffic figures for March 2022, with Le Shuttle Freight transporting 139,283 trucks, marking a 13% increase year-over-year. Additionally, Le Shuttle carried 122,319 passenger vehicles, representing a significant 220% rise compared to 38,201 in March 2021. The surge in traffic is partly attributed to the closure of P&O ferries since March 17, 2022. Overall, nearly 375,000 trucks and 300,000 passenger vehicles have crossed the Channel in the first quarter of 2022, underscoring the resilience of Eurotunnel's services as health restrictions ease.

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Getlink SE has announced the total number of shares and voting rights ahead of its combined general meeting on 27 April 2022. The company currently has 550,000,000 ordinary shares in issue, which contribute to a total of 731,766,888 theoretical voting rights. As of 2 March 2022, the total number of exercisable voting rights is 721,061,020, excluding shares with suspended voting rights. The share capital consists of ordinary shares valued at €0.40 each and a small number of preference shares.

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GETLINK S.E. has announced that Europorte will operate a new rail motorway service between Sète, France, and Cologne, Germany, selected by CargoBeamer. The service will feature 20 wagons, capable of transporting the equivalent of 38 trucks, with an initial frequency of two rotations per week. This launch marks Europorte's first entry into intermodal rail services, tapping into the growing demand for rail transport to alleviate the shortage of heavy goods vehicle drivers and contribute to the decarbonization of supply chains by reducing CO2 emissions by 16,248 tonnes.

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Getlink has filed its 2021 Universal Registration Document with the French financial regulator, Autorité des marchés financiers, on 15 March 2022. The document includes the annual financial report as of 31 December 2021, a corporate governance report, details on a share buyback program, and a non-financial performance statement. The URD is accessible for free on Getlink's website and the AMF website, following regulatory provisions.

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The Board of Directors of Getlink convened on February 23, 2022, to prepare for the upcoming General Meeting scheduled for April 27, 2022. Shareholders will vote on financial resolutions, including a proposed dividend of €0.10 per share. Notably, longtime directors Patricia Hewitt and Jean-Pierre Trotignon will not be renewed. The Board proposes to appoint Lord Ricketts and Brune Poirson as new members to bolster geostrategic and sustainable development expertise. An advisory vote on climate ambitions will also be presented to shareholders.

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Getlink SE reported key share metrics as of 31 January 2022. The company has 550,000,000 ordinary shares issued, with 731,644,821 theoretical voting rights due to the double voting rights for long-term shareholders. After accounting for suspended voting rights, the total number of exercisable voting rights is 720,871,202. The share capital consists of ordinary shares with a nominal value of €0.40 and preference shares valued at €0.01. This data is significant for understanding shareholder influence and capital structure.

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FAQ

What is the market cap of GETLINK SE UNSP/ADR (GRPTY)?

The market cap of GETLINK SE UNSP/ADR (GRPTY) is approximately 12.2B.

GETLINK SE UNSP/ADR

OTC:GRPTY

GRPTY Rankings

GRPTY Stock Data

12.20B
302.32M
Railroads
Industrials
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United States of America
Paris