Transurban on July 11 announced its traffic and revenue data for the June quarter of 2014 showing performance of its 495 Express Lanes above expectations, with price growth of 70% and volume growth of 20% in the quarter. Revenue still needs to double, notes Macquarie Equity Research, but the trend is positive based on the past three quarters. Toll revenues reached a new daily high of $161,945 on May 29, 2014. Average daily revenue during the quarter grew 100.3% compared to the prior corresponding period.
Download Sample Issue
PWF Subscription Options
- Public Works Financing - Enterprise-wide Corporate Subscription From: $450.00 / month with 1 month free trial
- Public Works Financing - Individual Corporate Subscription From: $120.00 / month with 1 month free trial
- Public Works Financing - Government or Non-profit Subscription $60.00 / month with 1 month free trial