Eurostar posts 4% rise in profits

A strong financial performance was backed with record-breaking passenger numbers for Eurostar in 2013.

Sales revenue and profits rose by seven per cent and four per cent to £857 million and £54 million respectively in the past year.

Passenger numbers also increased by two per cent, surpassing the 10 million passenger mark for the first time the in the high-speed service’s 20-year history.

Business travel continued its recovery, with a 6.2 per cent increase on like-for-like sales.

Nicolas Petrovic, chief executive of Eurostar, said: “After a period of economic uncertainty we are now starting to see more confidence in the business market. In comparison with this time last year when the overriding sentiment was still very cautious there are more encouraging trends and in some sectors there is clearly  a greater appetite to invest and look for business.

“2014 will be a transformational year for Eurostar as our on-going programme of service initiatives and enhancements unlocks further potential in the business both at home here in Europe and further afield in our international markets.

“Eurostar is coming of age and we have a wide ranging programme of activity scheduled throughout the year to celebrate our 20th birthday in November.”