Transurban
(ASX:TCL), a company which manages toll road networks in Australia and the US, says traffic growth on its roads grew 4.9% last month.
The company says this was due to capital investment to extend capacity, and investment in network management technology, among other changes.
Transurban’s toll revenue in September increased by 12.3% to $513 million, compared to the same period last year.
The company also says its proportional toll revenue rose 10.8% to $529 million, compared with the previous corresponding period.
Transurban reported a net profit of $22 million at 30 June 2016.
