Eurotunnel profits rise as passenger and vehicle numbers continue to grow

EUROTUNNEL, the group that operates the channel tunnel, saw quarterly revenue jump 10 per cent during the first quarter of the year boosted by a rise in train traffic.

The firm said income had climbed to €130.1m (£112.7m), a rise on the same period last year. It added it had recently benefitted from a surge in passengers due to the volcano disruption. The bulk of the rise was due to the increased popularity of the channel tunnel. From January to March, 373,595 cars and 10,160 coaches used the UK?to France tunnel representing a 17 per cent and 19 per cent respective increase in passenger traffic.

Eurostar passenger traffic was also up by four per cent.

Chief executive Jacques Gounon said: “Despite the economic crisis, Eurotunnel is continuing to win back market share.”