Toll road operator Transurban Group
(ASX:TCL) says toll revenue for the September quarter increased 6.8 per cent.
The company says all of its Australian assets reported traffic growth for the quarter, with toll revenue growth exceeding traffic growth on six out of seven roads.
Transurban says proportional toll revenue, including the impact of the CityLink revenue protection provision, came to $206.9 million for the quarter.
Excluding the impact of the CityLink revenue protection provision, revenue was $204.8 million an increase of 7.7 per cent on the prior corresponding period.
On all of its Sydney assets, the company says, weekend growth has been the main driver behind the increases however workday traffic has also had a positive impact on overall growth.
Transurban says all months during the September quarter showed positive growth, contributing to the overall growth for Australian assets.
Although the group posted a loss in 2009, the loss was narrower than the previous four years.
