Eurostar, the provider of high-speed, carbon neutral rail journeys between the UK and the continent, has announced its Quarter 3 2009 results which report some recovery in sales.
Whilst sales and revenues for the year to date are down slightly and the business travel environment remains challenging, overall sales revenue in Q3 2009 is up 6.8% on the same period last year.
This uplift is due to the impact of the fire on a shuttle in the Channel Tunnel in September last year which depressed the Q3 2008 results, helped by growth in the leisure market and
a bottoming-out in the decline of business sales.
Whilst the economic climate remains difficult, let’s hope this signals an upturn in the business travel market and that the economy is recovering from recession.
