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.

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Tags financial resultsTransurbanroad toll

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