Transurban Half Year Result 7 Feb 17: TCL meets profit expectations & lifts distribution guidance

Toll road operator Transurban (TCL), largely met the market’s expectations with its 41.9% lift in net profit after tax to $88m. The result was driven by a 4.8% lift in traffic growth, a strong performance from its Sydney operations & a healthy contribution from its Brisbane AirportlinkM7.

 

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