Eurostar posts higher sales

15-10-2008

Eurostar posts higher sales
Despite a tunnel fire, Eurostar has reported higher third-quarter sales.

Sales rose 2.4 per cent over the quarter to £152.3 million, while passenger numbers rose 6.4 per cent.

Eurostar said passenger numbers rose "despite Eurotunnel's closure of the Channel Tunnel on September 11th and 12th, which caused a reduced level of Eurostar services for the rest of the month."

Eurotunnel said last week it has contracted the repair work out to a group of companies, at an expected cost of £60 million.

"The goal is to regain full operations in the North Tunnel by mid February," Jacques Gounon, chairman and chief executive of Groupe Eurotunnel said.

The company also saw a disruption to services earlier in the month, with industrial action leading to cancelled services on the line.

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