Home Business NewsBusiness Eurostar reports loss of £25m for 2016

Eurostar reports loss of £25m for 2016

16th Mar 17 10:10 am

Why have figures fallen?

Eurostar reported a huge loss of £25m for 2016, it has blamed terror attacks and falling passenger numbers.

The firm said although the business has started to pick up, sales revenues managed to fall by three per cent to £794m during the year as a whole. Passenger numbers were four per cent lower at just 10m.

Chief executive Nicolas Petrovic said: “Despite the difficult trading environment last year, we continued to make major investments in new trains, our stations and our overall service.”

“With the return of travellers from the US and business travel on the increase, the market is now rebounding strongly and we are optimistic about the growth prospects for the year.”

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