PARIS: Anglo-French Channel Tunnel operator Eurotunnel reported yesterday a narrower loss for the first half of the year due to a one-time gain, but said it was unlikely full-year revenues would cover interest charges.
Eurotunnel, which operates the undersea link between Britain and France, said it lost 22 million euros in the first half of 2003 compared with a loss of 138 million euros in the same period last year. A one-time gain of 90 million euros from financial operations helped narrow the 2003 first-half loss.