Brittany Ferries publishes 2018 results and urges French authorities to keep goods, passengers and wealth flowing freely post-Brexit

Brittany Ferries today reveals passenger, freight and financial results for 2018. The company carried 2.6 million passengers on all routes last year, an increase of 1.4 percent (see table below for breakdown by route). It made a profit of €8 million on a total turnover of €442m.

The encouraging results come despite the pound being worth around 15 percent less than it was two years ago. That has proved challenging for a company whose income is generated in pounds sterling, with a cost-base in euros. Further challenges have come from on-going Brexit uncertainty and the effect this is having on summer 2019 bookings.

Brittany Ferries is a French company. But its success is largely built on British customers. In total, 85 percent of passengers come from the UK. It has therefore used its 2018 results to reinforce an important message to French government: take urgent steps to ensure British holiday makers and freight move freely. The regions of north west France depend upon us as a significant wealth generator.

On 7 March 2019 Jean-Marc Roué, Brittany Ferries’ president, hosted Jean-Yves Le Drian, the French Minister of Europe and Foreign Affairs. Showing him around Roscoff port and its facilities, Roué talked at length about border controls and customs, as well as health and sanitary checks for goods arriving in France.

“Jean-Yves Le Drian told us that Roscoff will become a border post on the 29th March 2019,” said Roué. “In my view, the return of a border between France and the United Kingdom fully legitimises the return of dedicated air and border police.  These Police Aux Frontières (PAF) would work alongside customs services in the same way they currently do in ports like St Malo, Cherbourg and Le Havre. It is only a short-term solution in the event of a hard Brexit, but I am counting on the Minister to relay this proposal to the Government”

Concerns in France come as planning to minimise traffic queues on the UK side intensifies. Portsmouth, for example, is Brittany Ferries’ UK-hub. Recent exercises led by the Local Resilience Forum suggest that carefully managed traffic solutions can prevent freight delays en-route to the port, should the UK leave the EU without a deal on March 29th.  

“We made a profit in 2018 thanks to a combination of careful management and structural change,” added Christophe Mathieu, CEO of Brittany Ferries. “Our positive results come despite the pound being worth significantly less than it was two years ago and as Brexit uncertainty weakens demand for trips to France and Spain this summer.

“We are now preparing for the years ahead. We have invested in three new ships and have made a clear commitment to the regions we serve. The challenge now is one for the French government in particular. All steps must be taken to ensure we have the right frameworks in place in Brittany and Normandy post-Brexit to keep goods flowing freely and to ensure our British passengers have the confidence to sail this summer and in the years to come.”

Brittany Ferries operates 11 routes linking the UK, France, Spain and Ireland with twelve ships, four of which are chartered. In the UK it operates services from Portsmouth to four destinations in France and two in northern Spain. From Poole it sails to Cherbourg and operates a freight-only service to Bilbao.

Plymouth has been linked to Roscoff since the company’s first sailing on 2 January 1973, the day after the UK joined the Common Market (forerunner to the EU).  Today ferries also link Plymouth with northern Spain.

More than half a billion euros were spent by Brittany Ferries’ customers visiting France last year. There were 854,000 unique visitors, staying 9.2 million bed-nights. Brittany, Normandy and the Loire were the biggest regional winners. Brittany hosted 295,000 visitors generating €150m in wealth for the region. Normandy welcomed 219,000 guests who spent €78m; the Loire received 143,000 visitors who spent €78m, thanks to British customers

Three new ships have been ordered post-Brexit, following an investment of €450m in the company’s future. Two of these ships will be powered by LNG (liquefied natural gas), a fuel that reduces sulphur and particulate emissions to almost zero and cuts average CO2 (carbon dioxide) output by around 20 percent.

When she arrives at the end of the year, Honfleur will be the first ferry on the English Channel to be powered by LNG. As well as her environmental credentials, she will also embody the company’s drive towards a digital future and ambition to reveal even more fabulous destinations around the coastlines of the European west.

Passenger and freight traffic by route:

PASSENGERS BY ROUTE 2016-2017 2017-2018 %
Plymouth – Roscoff 374 098 369 605 -1.2
Portsmouth – St Malo 343 896 349 002 1.5
Poole – Cherbourg 201 316 211 545 5.1
Portsmouth – Cherbourg 181 203 166 910 -7.9
Portsmouth – Caen 922 140 929 929 0.8
Portsmouth – Le Havre 148 668 145 524 -2.1
English Channel 2 171 321 2 172 515 0.1
Cork – Roscoff 86 388 97 174 12.5
UK – Spain 334 955 358 272 7
All Lines 2 592 664 2 627 961 1.4
FREIGHT VEHICLES BY ROUTE 2016-2017 2017-2018 %
Plymouth – Roscoff 5 570 4 994 -10.3
Portsmouth – St Malo 10 341 9 596 -7.2
Poole – Cherbourg 17 395 18 054 3.8
Portsmouth – Cherbourg 374 550 47.1
Portsmouth – Caen 106 438 100 265 -5.8
Portsmouth – Le Havre 31 565 30 962 -1.9
English Channel 171 683 164 421 -4.2
Cork – Roscoff 494 1 059 114.4
UK – Spain 39 292 39 921 1.6
All lines 211 469 205 401 -2.9

Ends.

About Brittany Ferries

In 1967 a farmer from Finistère in Brittany, Alexis Gourvennec, succeeded in bringing together a variety of organisations from the region to embark on an ambitious project: the aim was to open up the region, to improve its infrastructure and to enrich its people by turning to traditional partners such as Ireland and the UK.

In 1972 BAI (Brittany-England-Ireland) was born. The first cross-Channel link was inaugurated in January 1973, when a converted Israeli tank-carrier called Kerisnel left the port of Roscoff for Plymouth carrying trucks loaded with Breton vegetables such as cauliflowers and artichokes. The story therefore begins on 2 January 1973, 24 hours after Great Britain’s entry into the Common Market (EEC). From these humble beginnings however Brittany Ferries (as the company was re-named) quickly opened up to passenger transport, then became a tour operator.

Today, Brittany Ferries has established itself as the national leader in French maritime transport: an atypical leader, under private ownership, still owned by a Breton agricultural cooperative.

Key figures:

  • Turnover: €442m last year
  • Employment – Between 2,400 and 3,200 employees (including 1,700 seafarers), depending on the season. 360 in the UK.
  • Passengers: Between 2.5 and  2.7 million each year travelling in approximately 900,000 cars
  • Freight: 210,000 units transported annually, and one freight-only route linking Bilbao and Poole
  • Twelve ships operating services that connect France, the United Kingdom, Ireland and Spain
  • Eleven ports in total: Bilbao, Santander, Portsmouth, Poole, Plymouth, Cork, Caen, Cherbourg, Le Havre, Saint-Malo, Roscoff

www.brittanyferriesnewsroom.com.

Contact:

Ellis Malcolm on 02392 892 221 or 07464 980 594 or ellis.malcolm@brittanyferries.com

Christopher Jones on 02392 152 291 or 07917 540 878 or Christopher.jones@brittanyferries.com Nigel Wonnacott on 02392 152 273 or 07833 446 729 or Nigel.wonnacott@brittanyferries.com c