Transurban maintains solid toll road gains

Company News


Transurban Group (ASX:TCL) says it increased June quarter toll revenue by almost 71 per cent to $400 million compared to the same period last year.
 
The company says its preferred measure of proportional toll revenue was up 43.4 per cent to $411 million.
 
The results did not include Transurban Queensland which was acquired on 2 July 2014 with a 62.5 per cent interest.
 
In Sydney proportional toll revenue was 21 per cent to $172 million for the quarter and in Melbourne toll revenue was up 7.1 per cent to $145 million.
 
Transurban booked a net loss of $354 million for the first half of the 2015 financial year.

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