Eurotunnel on profit track two decades down the line

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English Channel tunnel operator Groupe Eurotunnel posted an historic €1m ($1.57m) net profit for 2007 and said that it was confident about the current year after strong activity in the first quarter, writes Andrew Spurrier in Paris.

Last year’s restructuring of the group’s debt left the group with a €3.3bn net profit on the year, compared with a €204m loss in 2006, but the group said that, even after excluding this exceptional profit, it succeeded in...


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