GETLINK SE UNSP/ADR - GRPTY STOCK NEWS

Getlink has launched a mobile maintenance service for tractor units and semi-trailers at Le Truck Village in France. This new service allows customers to have repairs conducted on-site before or after their Channel Tunnel crossings. Mobile units are equipped with essential tools for preventative and general maintenance, enhancing customer satisfaction and operational efficiency. The initiative was rolled out in partnership with TIP Trailer Services, a leader in trailer rental and maintenance.

Getlink (Paris:GET) reported a 13% decline in Q3 2021 revenue, totaling €223.1 million, due to ongoing Covid-19 impacts. Eurotunnel revenues were €190.7 million, down 15%. Shuttle services saw a 20% drop to €148.7 million, impacted by UK travel restrictions, while Railway Network revenue rose by 5% to €39.2 million. For the first nine months, revenues were €549.3 million, reflecting a 13% decline. Positive developments included new service launches and cost control initiatives, maintaining strong market shares.

Europorte France has achieved the Unique Safety Certificate (CSU) from the European Union Agency for Railway, making it the first French rail freight company to do so. This five-year certificate enhances Europorte's capability to operate across multiple countries, integrating the European fourth railway package. With over 30% of turnover derived from international traffic, especially to Belgium and Germany, Europorte ensures a seamless service for customers without load breaks. Chairman Raphaël Doutrebente emphasized safety as a top priority, attributing this success to the commitment of their teams.

Getlink SE has reported a total of 550,000,000 ordinary shares and 730,470,428 theoretical voting rights as of 30 September 2021. The total exercisable voting rights, excluding suspended shares, stand at 719,863,388. The ordinary shares have a nominal value of €0.40, while the preference shares are valued at €0.01. A double voting right is available for ordinary shares held for two years in registered form. This information reflects the company’s compliance with regulatory reporting obligations.

Getlink has announced a partnership with CargoBeamer to launch a new unaccompanied rail freight service between Calais and Ashford. This addition extends the rolling motorway from Perpignan and aims to form an international intermodal network, enhancing freight transport efficiency. The service is expected to prevent 8,000 tonnes of CO2 emissions and alleviate the UK and European truck driver shortage. The collaboration leverages Getlink's expertise in border crossings and CargoBeamer's logistical know-how.

Getlink has announced a new cross-Channel freight service starting from September 18, 2021, utilizing an unaccompanied mode through the Channel Tunnel. Managed by Eurotunnel Le Shuttle Freight, the service will run 24/6 from Calais or Folkestone, with a capacity of 8,300 trailers per year. This low-carbon service emits 40 times less CO2 than ferries, aligning with the French and UK governments' decarbonization goals. The Eurotunnel Border Pass will streamline border crossings for transporters, enhancing logistic efficiency.