Toll road operator Transurban Group
(ASX:TCL) has reported a 5.3% increase in proportional toll revenue for the December quarter to $209.2 million.
Excluding the impact of the CityLink revenue protection provision, proportional toll revenue came to $206.6 million up 6.5% compared to the same period last year.
Transurban says all of its Australian assets reported positive traffic growth for the quarter.
The company’s CityLink toll road reported a 5.7% increase in toll revenue and 0.4% rise in traffic.
While the Hills M2 experienced a rise of 13.8% in revenue and 2.1% in traffic.
Transurban says average daily transactions, or traffic, was strong in December compared to December 2008, rising 3.1%.
Transurban Group posted a loss of $24.58 million for the year to June 30, 2009.
