ConnectEast Group (ASX:CEU) traffic up in December

Company News


ConnectEast Group (ASX:CEU), owner and operator of EastLink toll road, released its traffic and revenue results for the month of December today.

The average daily revenue on the EastLink toll road came to $548, 746 in December, 21.5% higher than in December 2008.

Average daily trips were also higher than in December 2008, totalling 168, 007 and average workday trips 17.1% higher at 187, 438.

The company says traffic on the toll road for December was however lower than the month before due to the Christmas and Victorian school holiday period.

A milestone was reached when ConnectEast customer accounts exceeded 200,000, with the total of active tags exceeding 320, 000.

ConnectEast Group posted a loss of $531.58 million in fiscal 09.


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