Eurostar has reported increased passenger numbers, major fleet investment and continued expansion plans across its European network.
Eurostar has reported continued passenger growth during 2025, driven by strong demand for cross border rail travel and increasing traffic on routes linking the UK with mainland Europe.
The operator carried 20 million passengers during the year, an increase of 3 per cent compared with 2024 and equivalent to an additional 500,000 travellers across the network.
Among the strongest performing services were the London to Amsterdam route, which recorded passenger growth of 18.3 per cent, alongside continued increases on London to Brussels, Paris and Germany services.
Eurostar invests in fleet expansion and customer experience
Eurostar generated more than €2 billion in revenue during 2025, up 1.7 per cent year on year, while EBITDA reached €337 million despite continued inflationary pressures and high infrastructure costs.
The company is continuing a major long term investment programme centred on fleet growth and customer experience improvements.
A key element of the programme includes a €2 billion investment in a new fleet of up to 50 trains supporting future international routes including London to Frankfurt and London to Geneva. During 2025, Eurostar made a €90 million payment to Alstom as part of the train procurement programme.
Eurostar also opened a new cross channel terminal in Amsterdam designed to improve passenger journeys and triple capacity on the London to Amsterdam corridor.
Additional investments include refurbishment of the operator’s PBKA fleet and maintenance upgrades for e320 trains to improve long term reliability and passenger comfort.
Gwendoline Cazenave said demand for international rail travel remained strong while the company continued investing in future growth and sustainable transport.
Eurostar also confirmed plans to power all train operations using renewable electricity by 2030 as part of wider environmental and sustainability commitments.
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