TCL transurban group
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News: TCL Transurban Reports FY Loss From Cont. Ops Of $153 Mln

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    12/08/20
    10:30
    Post #: 46476020

    Aug 12 (Reuters) - Transurban Group (TCL) :

    • FY20 DISTRIBUTION OF 47.0 CENTS PER STAPLED SECURITY
    • EXPECTS FY21 DISTRIBUTION WILL BE IN LINE WITH FREE CASH, EXCLUDING CAPITAL RELEASES
    • FY20 PERFORMANCE IMPACTED BY COVID-19 PANDEMIC WITH AVERAGE DAILY TRAFFIC DECREASING BY 8.6% ACROSS PORTFOLIO
    • FY TOTAL REVENUE $3,616 MILLION VERSUS $4,166 MILLION
    • FY LOSS FROM CONTINUING OPERATIONS $153 MILLION VERSUS PROFIT OF $170 MILLION
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