The first half of 2003, ahead of the hot summer, brought no relief, with year-on-year sales off 7% and operating profit and net income down 10% and 34% respectively.

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"This summer, on the back of a dynamic first half year, Eurotunnel again set new traffic records, " said Jacques Gounon, chairman and chief executive of Groupe Eurotunnel.

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Most of this rise is likely to take place in the second half of the year, as contracts signed at higher prices after November 2010 start coming due this spring and summer.

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