Transurban Group
(ASX:TCL) has announced its statutory profit from ordinary activities after tax increased by 124 per cent to $468 million for the year ended 30 June
Revenue strengthened over the 2018 financial year, and lifted about 21 per cent on the prior corresponding period to $3.3 billion.
Its statutory earnings (EBITDA) increased 8.1 per cent to $1.6 billion.
The company declared total distributions of 56 cents per security for the full year.
A final distribution of 28 cents per share will be paid on the 10th of August 2018.
The toll road operator has announced a FY19 distribution guidance of 59 cents.
Shares in Transurban
(ASX:TCL) are trading 0.08 per cent lower to $11.89.