Getlink SE (EU:GET) posted varied traffic figures for March, with truck shuttle volumes edging down 0.9% compared with the same month last year, while passenger shuttle activity rose by 8.0%.
Freight performance showed a modest improvement relative to February, when volumes had fallen 1.2%. Passenger traffic, meanwhile, recovered from a 6.1% drop recorded the previous month. The shifting timing of Easter continues to influence year-on-year comparisons, affecting traffic patterns across both March and April.
Shares in Getlink were trading at €19.83, remaining below a €16.50 price target. Elevated fuel costs and ongoing volatility in energy markets are offering some short-term support to the group’s operations.
In addition, increased stakes held by major shareholders have contributed to stabilising the share price in recent sessions.
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