[rsynnott]

> I don't know what their current figures look like

2023: Revenue of 1.8bn, EBITDA of 979mn, FCF 638m, 1.5bn in cash. They'll be fine. They're not going to be challenging Nvidia any time soon, but they actually look financially healthy enough for a transport company.

> With Brexit things are unlikely to improve

Interestingly, they may be a rare Brexit beneficiary; their goods traffic seems to be down (as you'd expect) but their tourism traffic is up quite a lot, I suspect because Brexit has made airports more of a pain for British tourists, so taking the train probably looks relatively more attractive. Their revenue is up somewhat now on 2019 (the last non-Brexit-y/pandemic-y year).

> Already in the second year of its operation there was severe fire requiring a closure for 7 months.

Even if it has a major accident, it'll be repaired. For instance see Mount Blanc. Repairing a tunnel, even a badly damaged one, is far, far cheaper than building a new one.