Eurotunnel improves financial performance

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The group behind the channel tunnel rail link between Britain and France, Eurotunnel, has announced improved financial figures.

The company’s pre-tax profit for last year increased 89 per cent to just over £40m, while revenues were up seven per cent to just over £860m.

Operating profit was up 11 per cent to around £240m.

Eurotunnel’s shuttle trains carried more than 2.57 million cars last year - an increase of four per cent on 2013. Coach shuttle traffic was down two per cent to just over 63,000, but the total of more than 1.44 million trucks carried represented a six per cent rise.

Eurostar high-speed trains carried almost 10.4 million passengers last year, a three per cent increase on 2013.