Eurotunnel sales buoyed by ferry strikes

18th April 2005, Comments 0 comments

PARIS, April 18 (AFP) - Eurotunnel, which operates rail service linking France and Britain beneath the English Channel, said Monday that sales rose 0.75 percent in the first quarter to EUR 190 million (USD 247.5 million), boosted by strikes on rival ferries.

PARIS, April 18 (AFP) -  Eurotunnel, which operates rail service linking France and Britain beneath the English Channel, said Monday that sales rose 0.75 percent in the first quarter to EUR 190 million (USD 247.5 million), boosted by strikes on rival ferries.  

The struggling Franco-British group, which officially launched the restructuring of its EUR 9 billion debt in late March, is set to publish 2004 full-year results on April 26. They are usually released in February.  

The company had posted sales of EUR 188.6 million in the first quarter of 2004. On a constant currency basis, sales climbed 2.0 percent in the first three months of this year.

  

© AFP

Subject: French News

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