International: Getlink, the concessionaire of the Channel Tunnel between France and Britain, has recorded revenue of €1.6bn in 2022, up 107% compared with 2021. Ebitda was €886m, up 198%, after provision of €142m related to the future sharing of ElecLink's profits. Consolidated net profit was €252m. Getlink’s Eurotunnel subsidiary recorded revenue of €1bn, up 63%, and Ebitda of €593m, up 120%. Europorte recorded revenue of €137m, up 5%, and Ebitda of €29m, up 4%. ElecLink recorded revenue of €420m and Ebitda of €264m, after the €142m provision related to future profit sharing.
Australia: Downer has sold its Australian Transport Projects Division (DTP) to the Australian subsidiary of Malaysian company Gamuda for a reported $A 212m ($US 140m). DTP has around 1000 staff and an order backlog of $A 2bn across Australia. The newly-acquired business will operate as a standalone company within the Gamuda group, trading as DT Infrastructure (DTI). Gamuda Australia secured three major contracts in 2022 worth more than $A 3.3bn, including the Sydney Metro West Western Tunnelling Package.
Croatia: Eurofima has concluded new financing worth €31m over 15 years with its shareholder Croatian Railways (HZPP). Eurofima will finance the acquisition of seven DMUs with low-emissions engines offering improved comfort and passenger information systems, specifically designed to improve access for passengers with reduced mobility. The three-car DMUs will be able to carry up to 167 seated passengers and will be used for regional and commuter services.
The Netherlands: German Rail (DB) subsidiary Arriva has been awarded the Twente-ZHO concession to operate bus and rail services in the province of Overijssel following a competitive tender. Services are due to start operating in December this year and the contract will run for four years with an option to extend for another year. Arriva will operate a fleet of more than 100 zero-emission buses and nine trains.
Spain: Talgo recorded €469m of revenue in 2022, down 15.5% from €555.4m in 2021. Adjusted Ebitda reached €52.5m, down 18.6% from €60.6m in 2021, with a margin of 11.2%, reflecting a stabilisation of margins prior to the expected recovery from 2023 onwards. Net profit was €1.4m, impacted by extraordinary costs related to the termination of Talgo’s activities in Russia and the reversal of tax losses at its United States subsidiary. The group’s net debt improved to reach €97m at the end of 2022. Talgo foresees a very positive 2023 on the back of current contracts, options and new business.
Germany: The Federal Ministry of Digital Affairs and Transport (BMDV) will provide €15m to Helrom through its Future of Rail Freight Transport programme to support the nationwide introduction of Helrom trailer wagons, which allow road semi-trailers to be loaded and unloaded without additional infrastructure. The Helrom swing-tray design enables the trailer to be driven on and off the wagon. Helrom has been operating the design between Düsseldorf and Vienna since 2020.