Eurotunnel half year results impacted by Fire.

Success of Groupe Eurotunnel SA’s Warrant Exchange Tender Offer
Half year results impacted by the fire in September 2008
As part of its development strategy, Groupe Eurotunnel bids for Veolia Cargo’s businesses in France

Jacques Gounon, Chairman and Chief Executive of Eurotunnel said, “Despite the less than favourable economic climate, Eurotunnel is putting all its efforts into regaining the levels of operating margin we had before the fire in September 2008. Bringing our customers back and keeping on top of our costs are our priorities. In this context, the success of the exchange tender offer for the Warrants shows what confidence investors have in the strength of Eurotunnel’s business model. The growth of the Group will also be via the development of rail freight: environmental concerns make this a business for the future”.

Read full press release.

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