Transurban lifts Q4 toll revenue

Group says M5 project is on schedule, budget; set for completion this year.

Transurban Group has lifted toll revenue in the December quarter after completing an upgrade to the M2 in Sydney and affirmed that its M5 project is on schedule and on budget.

In a statement to the Australian Securities Exchange, the group said the M5 project is 60% complete and expected to be finished late this year, adding that the traffic impacts associated with construction remain in line with expectations.

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