Macquarie Atlas rises on toll & traffic data

Company News

Shares in Macquarie Atlas Roads Limited (ASX:MQA) rose to the best performer on the benchmark index yesterday after releasing its second quarter toll and traffic data. 

The toll roads operator reports toll revenue increased 3.6 per cent on the back of higher traffic levels and revised toll schedules implemented over the past year.  

Traffic increased 2.6 per cent in the June quarter due to growth in traffic volumes on the APRR network in France, in which the company has a 20.14 per cent stake.  

Shares in Macquarie Atlas Roads rose 5.41 per cent to close at $3.31 on Tuesday.

Macquarie Atlas Roads reported a net loss of $50.56 million in the full 2014 calendar year. 

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