Upcoming Dividend • May 26
Upcoming dividend of €0.80 per share Eligible shareholders must have bought the stock before 02 June 2026. Payment date: 05 June 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.3%. Lower than top quartile of French dividend payers (5.6%). Higher than average of industry peers (3.5%). Announcement • May 07
Getlink SE to Report May,2026 Results on Jun 05, 2026 Getlink SE announced that they will report May, 2026 results Pre-Market on Jun 05, 2026 Announcement • Mar 30
Getlink SE, Annual General Meeting, May 27, 2026 Getlink SE, Annual General Meeting, May 27, 2026. Location: 28 avenue george v, paris France Declared Dividend • Mar 30
Dividend increased to €0.80 Dividend of €0.80 is 38% higher than last year. Ex-date: 2nd June 2026 Payment date: 5th June 2026 Dividend yield will be 4.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio). However, it is covered by cash flows (70% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. EPS is expected to grow by 5.2% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 27
Full year 2025 earnings released Full year 2025 results: Revenue: €1.65b (up 2.2% from FY 2024). Net income: €320.0m (flat on FY 2024). Profit margin: 19% (in line with FY 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Infrastructure industry in Europe. Announcement • Feb 26
Getlink Se Proposes Cash Dividend for the Year Ended December 31, 2025, Payable on 6 June 2026 Getlink SE proposed dividend of €0.80 per share for the year ended December 31, 2025, vs €0.58 per share in 2024. Payment of a dividend of €0.80 per share, subject to approval by the Annual General Meeting on 27 May 2026. The dividend will be detached from the share on the Euronext Paris market on 2 June 2026 and payable in cash on 6 June 2026 on positions closed on the evening of 3 June 2026. Announcement • Jul 24
Getlink SE Announces Board Changes At its meeting on 23 July, the Board of Directors of Getlink co-opted Mr. Andrea Mangoni, CEO of Mundys, as a non-independent director. He replaces Mr. Jean Mouton, who has resigned, for the remainder of his term of office. The ratification of this co-optation will be proposed at the next Annual General Meeting. Mr. Andrea Mangoni has been Chief Executive Officer of infrastructure and mobility company Mundys since May 2023. During his career, Mr. Mangoni has led several energy companies, including the role of CEO at Acea an electricity producer and distributor (until 2009) and Sorgenia, an electricity market operator (from 2013 to 2015). He previously held executive positions at Telecom Italia, Telecom Italia Sparkle and served as CEO of TIM Brazil (starting 2012). From 2016 to 2023, he had been CEO of DoValue, a leading credit portfolio asset management company in Southern Europe. Announcement • Jul 08
Getlink SE to Report July,2025 Results on Aug 07, 2025 Getlink SE announced that they will report July, 2025 results Pre-Market on Aug 07, 2025 Announcement • May 20
Getlink Se Announces Suspension of Activity for Inspection Getlink SE Announces Suspension of Activity for Inspection. As part of the enhanced monitoring operations implemented by ElecLink in 2025, a slight misalignment of the cable was detected in a limited area outside the tunnel in the United Kingdom. As a precautionary measure, and in order to carry out the necessary inspections and tests, operations have been suspended for a period of two weeks, with return to service expected on 2 June. The suspension of activity until 2 June will have an estimated commercial impact of approximately EUR 20 million. Reported Earnings • Mar 24
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: €0.59 (down from €0.60 in FY 2023). Revenue: €1.61b (down 12% from FY 2023). Net income: €317.0m (down 2.8% from FY 2023). Profit margin: 20% (up from 18% in FY 2023). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Major Estimate Revision • Mar 16
Consensus EPS estimates increase by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from €1.58b to €1.59b. EPS estimate increased from €0.418 to €0.50 per share. Net income forecast to shrink 14% next year vs 9.4% growth forecast for Infrastructure industry in France . Consensus price target broadly unchanged at €18.28. Share price was steady at €15.71 over the past week. Announcement • Mar 14
Getlink SE, Annual General Meeting, May 14, 2025 Getlink SE, Annual General Meeting, May 14, 2025. Location: chateauform le 28 george v, 28 avenue george v, paris France Declared Dividend • Mar 10
Dividend increased to €0.58 Dividend of €0.58 is 5.5% higher than last year. Ex-date: 4th June 2025 Payment date: 6th June 2025 Dividend yield will be 3.8%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 32% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Feb 07
Getlink SE to Report Fiscal Year 2024 Results on Mar 06, 2025 Getlink SE announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025 Announcement • Nov 16
Getlink SE Announces Technical Interruption to ElecLink Operations As stated release dated 26 September by Getlink SE, updated on 6 October, a fault was detected on the electrical interconnector between France and the UK, leading to a suspension of activity. Works to restore the cable are progressing well. The full assessment of the return to service plan has concluded that, as a precautionary measure, two additional weeks of outage were necessary to finalise works and conduct further tests during that period. Consequently, the re-entry into service of the interconnector is expected on 2 December. The extension of the suspension of activity until 2 December will have an additional commercial impact estimated at approximately EUR 13 million. Announcement • Oct 01
Eurotunnel Appoints Didier Cazelles as Deputy Chief Executive Getlink announced Didier Cazelles joins Eurotunnel, a wholly owned subsidiary of the Getlink Group, as Deputy Chief Executive. Reporting to Yann Leriche, Chief Executive Officer of Eurotunnel and Getlink, Didier Cazelles will be a member of the Group's Executive Committee. He will have operational and managerial responsibility for the Eurotunnel subsidiary, including the management of railway operations, infrastructure management, safety, sales and human resources. Didier Cazelles began his career in 1992 with the SNCF group, where he spent more than 20 years in high-level operational and managerial positions. He was successively Director of Operations for the Oise department (1998-2000), Director of Passenger Sales (2006-2007), Director of the SNCF Paris-Est Region (2008-2009). In 2009, he was appointed Chief of Staff to the Chairman of the SNCF Group, before becoming Director of Operations for the High-Speed Trains Division in 2010. In 2013, he joined the Elior group, in charge of the Motorways and Leisure segment for Northern Europe, before joining Keolis in 2019, as Deputy Managing Director for the Regions. He is a graduate of Science-Po and the Ecole Nationale des Ponts et Chaussées. Reported Earnings • Jul 28
First half 2024 earnings released: EPS: €0.32 (vs €0.29 in 1H 2023) First half 2024 results: EPS: €0.32 (up from €0.29 in 1H 2023). Revenue: €808.0m (down 14% from 1H 2023). Net income: €173.0m (up 9.5% from 1H 2023). Profit margin: 21% (up from 17% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.3% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 4.3%. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 23
Upcoming dividend of €0.55 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 05 June 2024. Payout ratio is on the higher end at 91%, however this is supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of French dividend payers (5.2%). In line with average of industry peers (3.2%). Announcement • Apr 12
Getlink SE (ENXTPA:GET) acquired Channel Ports Ltd. Getlink SE (ENXTPA:GET) acquired Channel Ports Ltd. on April 11, 2024.Getlink SE (ENXTPA:GET) completed the acquisition of Channel Ports Ltd. on April 11, 2024. New Risk • Mar 27
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Mar 26
Getlink Group Appoints Géraldine Périchon as Deputy Chief Executive Officer Géraldine Périchon, Chief Financial Officer for the Getlink Group since September 2020 and member of the Executive Committee, has been appointed Deputy Chief Executive Officer. In addition to the responsibility of the Group's Administrative and Financial Department, bringing together the finance, legal, information technology, capital markets, mergers & acquisitions and CSR functions, Geraldine Périchon will second Yann Leriche, CEO of Getlink, in his management of the Group, to accelerate its performance, growth and value creation strategy. Géraldine Périchon joined the Suez Group in 2015 as Group Director for M&A, before being appointed Senior Vice President, Finance and Strategy for Italy, Central and Eastern Europe and subsequently Director of Finance, Recycling and Value for France in 2020. Géraldine Périchon started her career as an M&A Analyst with Lazard Brothers in 2002, before working for the Boston Consulting Group, Cinven and the Autorité des Marchés Financiers (AMF). Declared Dividend • Mar 07
Dividend increased to €0.55 Dividend of €0.55 is 10% higher than last year. Ex-date: 3rd June 2024 Payment date: 5th June 2024 Dividend yield will be 3.5%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Major Estimate Revision • Mar 07
Consensus EPS estimates fall by 14% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €1.65b to €1.60b. EPS estimate also fell from €0.496 per share to €0.427 per share. Net income forecast to shrink 28% next year vs 9.4% growth forecast for Infrastructure industry in France . Consensus price target broadly unchanged at €16.68. Share price was steady at €15.50 over the past week. Reported Earnings • Mar 03
Full year 2023 earnings released Full year 2023 results: Revenue: €1.83b (up 14% from FY 2022). Net income: €326.0m (up 29% from FY 2022). Profit margin: 18% (up from 16% in FY 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 6.1% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 3.5%. Reported Earnings • Jul 23
First half 2023 earnings released: EPS: €0.29 (vs €0.096 in 1H 2022) First half 2023 results: EPS: €0.29 (up from €0.096 in 1H 2022). Revenue: €933.8m (up 62% from 1H 2022). Net income: €157.7m (up 206% from 1H 2022). Profit margin: 17% (up from 8.9% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 9.8% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 4.9%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Jul 21
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.649 to €0.57 per share. Revenue forecast steady at €1.85b. Net income forecast to grow 22% next year vs 20% growth forecast for Infrastructure industry in France. Consensus price target broadly unchanged at €17.08. Share price was steady at €16.04 over the past week. Announcement • Jul 12
Getlink SE to Report July,2023 Results on Aug 10, 2023 Getlink SE announced that they will report July, 2023 results at 9:00 AM, Central European Standard Time on Aug 10, 2023 Announcement • Jul 04
Getlink Unveils Sherpass, a New One-Stop-Shop Offering for a Smart, Efficient and Fast Border Getlink unveiled Sherpass, its platform of services to simplify border crossings for freight and the supply chain. This new range of advanced services will be open to road hauliers and logistics providers from October 2023. A digital platform, Sherpass optimises flows for hauliers, freight forwarders and shippers and improves the fluidity of supply chains between France and the UK. Working with selected partners, Sherpass offers customs and border services as a natural extension to the Eurotunnel Border Pass, which has already been adopted by more than one in two Eurotunnel customers. The re-establishment of the border between the United Kingdom and Europe has forced shippers and carriers to manage a large volume of formalities, requiring time, additional resources, and the involvement of multiple subcontractors. Sherpass provides a turnkey, one-stop solution that saves hauliers a significant amount of time by eliminating the need to enter information and the multiple interactions involved in managing documentation. By centralising all the data flows required for cross-border exchanges, Sherpass offers an integrated end-to-end service in a single, simple and totally secure working environment. The solution enables the various players in the supply chain to streamline all the procedures involved in crossing the border and covers their expectations right through to the customs declaration and clearance services. Upcoming Dividend • May 23
Upcoming dividend of €0.50 per share at 2.9% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 05 June 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.9%. Lower than top quartile of French dividend payers (5.3%). In line with average of industry peers (3.1%). Major Estimate Revision • Apr 11
Consensus EPS estimates fall by 10% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from €0.691 to €0.621 per share. Revenue forecast steady at €1.85b. Net income forecast to grow 34% next year vs 12% growth forecast for Infrastructure industry in France. Consensus price target broadly unchanged at €16.39. Share price was steady at €15.24 over the past week. Major Estimate Revision • Mar 15
Consensus EPS estimates increase by 33% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.61 to €0.814. Revenue forecast steady at €1.89b. Net income forecast to grow 33% next year vs 5.0% growth forecast for Infrastructure industry in France. Consensus price target of €16.73 unchanged from last update. Share price fell 2.4% to €14.97 over the past week. Major Estimate Revision • Mar 09
Consensus EPS estimates fall by 20%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from €1.83b to €1.89b. EPS estimate fell from €0.775 to €0.619 per share. Net income forecast to grow 33% next year vs 5.0% growth forecast for Infrastructure industry in France. Consensus price target broadly unchanged at €16.73. Share price fell 2.2% to €15.19 over the past week. Reported Earnings • Feb 24
Full year 2022 earnings released Full year 2022 results: Revenue: €1.61b (up 107% from FY 2021). Net income: €252.0m (up €481.1m from FY 2021). Profit margin: 16% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is expected to decline by 5.4% p.a. on average during the next 3 years, while revenues in the Infrastructure industry in Europe are expected to grow by 6.4%. Announcement • Jan 11
Getlink SE to Report First Half, 2023 Results on Jul 20, 2023 Getlink SE announced that they will report first half, 2023 results on Jul 20, 2023 Announcement • Oct 26
Getlink SE to Report Fiscal Year 2022 Results on Feb 23, 2023 Getlink SE announced that they will report fiscal year 2022 results on Feb 23, 2023 Reported Earnings • Jul 22
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up €123.0m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Over the next year, revenue is forecast to grow 31%, compared to a 35% growth forecast for the industry in France. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.