.
Transurban Group Limited’s (ASX:TCL) revenue rose 6 per cent in the last half of 2011, coming in at almost $474 million.
The toll road operator’s result was boosted by increased traffic on most of its roads except for Sydney’s M2 and connecting Lane Cove Tunnel due to upgrade work.
Proportional toll revenue in the December quarter rose 4.1 per cent to almost $238 million.
Stepping into 2012 the company says it is in excellent health with strong revenue and traffic growth, a robust balance sheet and momentum on its development pipeline.
Transurban Group owns Sydney's M2 and Lane Cove Tunnel and Melbourne's CityLink as well as holding stakes in Sydney's Eastern Distributor, M7 and M5.
In the 2011 financial year Transurban boosted its net profit by 89 per cent to $118 million.
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Last
$13.65 |
Change
0.060(0.44%) |
Mkt cap ! $42.42B | |||
| Open | High | Low | Value | Volume |
| $13.62 | $13.70 | $13.56 | $43.67M | 3.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3914 | $13.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.66 | 2641 | 2 |
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| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| TCL (ASX) Chart |