Transurban

Transurban’s underlying revenue growth for the June quarter was better than expected, increasing 7.1% to $257m for the quarter and 5% to $991m for the full year. Revenue from the company’s crown jewel, Melbourne’s Citylink, which produces around 60% of the company’s total revenue, increased 5.6% due to a 3.2% increase in traffic and the regular CPI-linked toll increase. Transurban’s Sydney assets (the M2, M7 and Lane Cove Tunnel) also performed well following the completion of various construction projects, particularly the upgrades in the northern districts west of Pennant Hills Road. Revenue increased more than 6% across the board,...

Transurban’s underlying revenue growth for the June quarter was better than expected, increasing 7.1% to $257m for the quarter and 5% to $991m for the full year. Revenue from the company’s crown jewel, Melbourne’s Citylink, which produces around 60% of the company’s total revenue, increased 5.6% due to a 3.2% increase in traffic and the regular CPI-linked toll increase.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles