Posting its half-year results on Tuesday (23 July) for the six months to 30 June, Getlink said the group is forecasting Ebitda (earnings before interest, tax, depreciation and amortisation) of €575 million in the event of ministers striking a Brexit deal, and €560 million in a no-deal scenario.
“As the absence of an agreement on Brexit on 31 October is becoming very likely, the reference scenario for 2019 is now the ‘no-deal’ one,” said Getlink.
The company revealed H1 operating expenses increased €16 million, including €3 million in one-off Brexit preparation costs.
