Macquarie Atlas toll revenue rise

Company News

Macquarie Atlas Roads Limited (ASX:MQA) says toll revenue jumped 4.2 per cent in the June quarter compared to the previous quarter.
 
The increase in revenue was due to more traffic and revised toll schedules put in place over the past 12 months.
 
Weighted average traffic for the quarter was 1.9 per cent higher than last quarter as a result of higher traffic volume on the M6 toll road.
 
For the six months to June 30, toll revenue grew by 3.9 per cent while traffic over the same period was 1.7 per cent higher than the last quarter.
 
Macquarie Atlas Roads booked a net loss of $124.4 million in the first half of fiscal 2013.

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