Advertisement
UK markets closed

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • FTSE 250

    19,391.30
    -59.37 (-0.31%)
     

  • AIM

    745.67
    +0.38 (+0.05%)
     

  • GBP/EUR

    1.1633
    -0.0050 (-0.43%)
     

  • GBP/USD

    1.2380
    -0.0058 (-0.47%)
     

  • Bitcoin GBP

    51,505.83
    -98.91 (-0.19%)
     

  • CMC Crypto 200

    1,379.07
    +66.45 (+5.06%)
     

  • S&P 500

    4,969.32
    -41.80 (-0.83%)
     

  • DOW

    37,861.76
    +86.38 (+0.23%)
     

  • CRUDE OIL

    82.97
    +0.24 (+0.29%)
     

  • GOLD FUTURES

    2,406.10
    +8.10 (+0.34%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,737.36
    -100.04 (-0.56%)
     

  • CAC 40

    8,022.41
    -0.85 (-0.01%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

Eurotunnel sticks to outlook despite Brexit

Reuters - UK Focus

PARIS, June 24 (Reuters) - Eurotunnel (Paris: FR0010533075 - news) said on Friday Britain's vote to leave the European Union will not affect the activity of the Channel Tunnel's concession and that it was keeping its outlook unchanged.

"A reduction in the value of the sterling would reduce the amount of the group's debt in that currency, would increase costs for maritime competitors and would support British exports, which would compensate for any potential negative effects," the statement said.

Eurotunnel has forecast Earnings Before Interest Taxes Depreciation and Amortization (EBITDA) of 560 million euros for 2016 and 605 million euros for 2017, at constant exchange rates.

(Reporting by Dominique Vidalon; Editing by Geert De Clercq)