tcl citylink traffic nos out today

TCL came out with the traffic numbers for Citylink today, the revenue was up about 8% over the same period last year.

Looks like the main driver was toll increases and a small increase in the traffic numbers. They get around $980k per day in revenue or close to $360m pa.

Toll roads are cash cows, i can't wait until Eastlink is up and running and the market really gets hold of it.

In times of uncertainty you would think these types of investments would be safe havens.

I still think TCL are mad for not taking out CEU before they bid for all of the other connecting PPP's that will feed Eastlink.