CEU 0.00% 54.5¢ connecteast group

0055 GMT [Dow Jones] Transurban (TCL.AU) up 4.9% at A$4.67 after...

  1. 292 Posts.
    0055 GMT [Dow Jones] Transurban (TCL.AU) up 4.9% at A$4.67 after Q4 and FY revenue and
    traffic figures, continues recovery from around A$4.00 a share late last month, revenue
    numbers look reasonably solid across all major roads. Company says FY revenue at its
    Sydney Hills M2 road up 7.7% on year at A$120.6 million, Westlink M7 revenue up 14.9% on
    year at A$168.5 million and M1 Eastern Distributor revenue up 7.7% at A$75.3 million. Its
    50%-owned M5 road books 4.7% rise in FY revenue to A$155.8 million; M4 revenue up 4.2% on
    year at A$89.0 million. Melbourne CityLink FY revenue up 9.2% on a normalized basis at
    A$358.9 million, with average daily revenue in Q4 sitting at just over A$1 million a day,
    up 9.7% on year. Its 75%-owned Pocahontas Parkway road in U.S., saw a 7.7% increase in
    revenue for the year to US$13.8 million. (LMF)

    good news for CEU i think.
 
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