Transurban drives revenues higher
Toll road operator Transurban has posted a healthy lift in third quarter revenues.
Toll revenue rose 69.6 per cent to $376 million in the March quarter, aided by it taking full control of Sydney's Cross City Tunnel and its acquisition of Queensland Motorways in mid 2014.
Excluding the contribution from the acquisitions, toll revenue rose 10 per cent to $244m thanks to strong traffic growth across all of Transurban's motorways.
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