Transurban lifts qtr revenue

Toll road owner books strongest quarterly growth since last three months of 2010.

Toll road owner Transurban Group (TCL) has recorded a 14% rise in revenue for the three months to the end of September, thanks in part to the end of upgrade work on Sydney's M2 Motorway.

Statutory revenue for the September quarter was $222.6 million, up 14.1% on the previous quarter, while proportional toll revenue, Transurban's preferred measure, rose 13.6% to $275 million.

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