Menu
Menu
Transurban boosts quarterly toll revenue 5.3%

Transurban boosts quarterly toll revenue 5.3%

Toll road operator Transurban (ASX:TCL) boosted its revenue for the December quarter 5.3% to $209.2 million, due to improved traffic across all the company’s Australian operations.

Melbourne subsidiary CityLink boosted its toll revenue 5.7% to $94,745, while traffic increased by just 0.4%.

But the company’s takings were impacted by upgrade works in areas including the Monash and West Gate freeways.

TCL shares are today unchanged at $5.51.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Error: Please check your email address.

Tags financial resultsroad tollTransurban

Show Comments
Computerworld
ARN
Techworld
CMO