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00:00EUROPE. THE MARKET HAS BEEN INFECTED. IN THE LAST QUARTER, OUR YIELD IS INCREASING AND OUR REVENUE WAS UP 3%. FROM OUR OWN PERSPECTIVE, THERE ARE SMALL DISRUPTIONS, BUT WE HAVE THE FULL SUPPORT OF THE BRITISH AND FRENCH GOVERNMENTS. DUE TO THE SUPPORT WE ARE CONFIDENT. FRANCINE: WHAT IS MOST AFFECTED HIS FREIGHT TRAINS. HAVE YOU HAD CUSTOMER SAYING THEY WOULD BE LOOKING AT ALTERNATIVE ROUTES. IT WOULD BE LONGER, BOAT OR AIR WOULD BE MORE -- IF YOU LONGER, I AM TALKING ABOUT BOATS. OR AIR WOULD BE MORE EXPENSIVE. MR. GOUNON: THAT IS TRUE, TRAINS HAVE BEEN AFFECTED , BUT THAT IS MARGINAL TRAFFIC. TRAINS ARE SUCCESS WITH NEW ROUTES TO THE SOUTH OF FRANCE FOR TOURISTS. ALL IN ALL, A GROWTH OF 2% OF TRAFFIC WE CAN SAY THERE IS NO SIGNIFICANT IMPACT ON THE HIGH-SPEED TRAIN AND NO IMPACT IN OUR OWN BUSINESS. FRANCINE: WE WERE TALKING IN A HEATED DISCUSSION ABOUT THE BREXIT AND WHETHER IT WILL IMPACT THIS COUNTRY IF THE U.K. DECIDES TO LEAVE THE EU. THAT WILL HAVE AN IMPACT ON EUROTUNNEL. MR. GOUNON: YES. I WOULD SAY THE BREXIT IS NEUTRAL. AS WE ARE REINFORCING PRESENTLY BORDER CONTROL AND THE BORDER TRANSPORTER I THINK THE BREXIT COULD GENERATE MORE TRAFFIC BETWEEN THAT AND EUROPE. THAT COULD BE POSITIVE, BUT THAT IS DUE TO THE FACT THAT THERE IS A UNIQUE MONOPOLY ON THE MARKET. MR. MOULTON: IT IS HARD TO SEE HOW THAT WOULD HAVE A MUCH IMPACT ON YOU. ESSENTIAL REVENUES HAVE NOT BEEN HIT, THERE HAS BEEN CUSTOMER DISRUPTION, PEOPLE SPENDING A LONG TIME GETTING THROUGH THE TUNNEL. HAS THAT NOT AFFECTED YOU AT ALL? MR. GOUNON: IT COULD BE ANY TRANSPORT MODE. WHEN YOU HAVE A FLIGHT THERE COULD BE DISRUPTIONS DUE TO WEATHER CONDITIONS. AND YOU HAVE A TRAIN YOU CAN HAVE DISRUPTIONS. THERE IS A DECREASE IN TRAFFIC OF 10.5%, AND WE ARE GROWING BY 3%. WE HAVE A BROADER FORCE OF POLICE AROUND THE TERMINAL TO MAKE SURE THE MIGRANT ISSUE IS PUSHED OUT OF OUR SCOPE. MR. MOULTON: HE WOULD HAVE DONE BETTER IF THEY HAD BEEN NO MIGRANTS, I AM SURE. FRANCINE: A LITTLE, BUT I GUESS THAT IS PERCEPTION. THANK YOU. NOW TO YOUR LAST POINT, THEY WOULD HAVE DONE BETTER. HOW MUCH DOES THE REFUGEE CRISIS PLAY INTO THE BRITISH PSYCHE WHEN THEY VOTE ON THE EU REFERENDUM? MR. MOULTON: A LOT. IT IS A POPULAR SUBJECT. PEOPLE IN THE U.K. ARE MORE AT A

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Eurotunnel CEO Sees Minimal Migrant Crisis Impact

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