Transurban lifts revenue 63%

Transurban lifted toll revenue 63.5 per cent to $373 million during the three months to December 31.

Transurban has lifted revenue from its toll road network more than 63 per cent thanks to strong traffic growth in Sydney and Melbourne.

Toll revenue was up 63.5 per cent to $373 million during the three months to December 31, on a statutory basis, and up 37 per cent to $385 million on a proportional toll revenue basis, the company's preferred measure.

Traffic on Transurban's CityLink road in Melbourne was up 3.2 per cent for the quarter and up by an average of nine per cent across the Westlink M7, Hill M2 and Lane Cove Tunnel in Sydney.


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Source: AAP


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