Getlink SE stock (FR0010533075): Operator of Eurotunnel with steady cross-Channel traffic

Getlink SE, the operator of the Eurotunnel shuttle service between France and the UK, continues to benefit from robust demand for freight and passenger transport amid post-Brexit trade normalization. The stock trades on Euronext Paris.

Getlink SE operates the Channel Tunnel, providing shuttle services for vehicles and rail freight between Folkestone, UK, and Coquelles, France. The company reported stable traffic volumes in its latest updates, reflecting resilient demand despite economic headwinds in Europe. Passenger shuttles carried millions of vehicles annually, while freight services support key trade routes.

As of: 14.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Getlink SE
• Sector/industry: Transportation/Infrastructure
• Headquarters/country: France
• Core markets: UK, France, Europe
• Key revenue drivers: Vehicle shuttles, rail freight
• Home exchange/listing venue: Euronext Paris (GET)
• Trading currency: EUR

Getlink SE: core business model

Getlink SE, formerly Eurotunnel, manages the 50km Channel Tunnel infrastructure under a 65-year concession until 2086. Revenue stems primarily from shuttle services transporting passenger cars, trucks, and coaches, alongside rail freight operations via partners like Eurostar for passengers. The model relies on volume-based tolls, with fixed concessions ensuring long-term visibility.

In 2023, shuttles handled over 2.8 million trucks and 10 million passenger vehicles, according to the Getlink annual report as of 03/2024. This dual revenue stream provides diversification, with freight offering stability and passengers sensitivity to travel trends.

Main revenue and product drivers for Getlink SE

Shuttle services account for about 60% of revenue, driven by freight (just-in-time supply chains) and leisure travel. Rail operations contribute the balance, including Eurotunnel LeShuttle for vehicles and high-speed passenger trains. Key drivers include trade volumes between UK and EU, influenced by Brexit agreements.

Freight traffic grew post-pandemic, with 2024 figures showing resilience amid Red Sea disruptions rerouting via Europe, per company disclosures as of 02/2025. Electrification and capacity upgrades support margin expansion.

Industry trends and competitive position

The cross-Channel market features limited competition, with ferries as primary rivals. Getlink holds a ~50% freight share due to speed (35 minutes vs. hours by sea) and weather independence. Trends like nearshoring boost freight, while green initiatives favor electric shuttles.

For US investors, Getlink offers exposure to transatlantic trade links, as UK-EU flows impact global supply chains affecting S&P 500 firms.

Conclusion

Getlink SE maintains a unique position in Europe’s infrastructure landscape, with concession-backed cash flows supporting dividends and debt reduction. Traffic stability underscores operational strength, though currency and regulatory risks persist. US investors may track it for broader European logistics exposure.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.