Getlink SE (EU:GET) reported softer traffic activity in April, with truck shuttle volumes declining 1.9% year-on-year, compared with a 0.9% decline recorded in March.
Passenger shuttle traffic also weakened during the month, falling 9.8% from the previous year after posting growth of 8.0% in March.
Holiday calendar impacts passenger traffic
The company said the decline in passenger shuttle activity was mainly linked to the timing of UK school holidays and unfavourable comparison effects related to the Easter calendar in the prior year.
Energy market conditions provide some support
Getlink noted that higher fuel prices and ongoing volatility in energy markets continue to provide short-term support for parts of its business operations.
The company also highlighted recent increases in shareholdings by major investors.
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