Transurban (ASX:TCL) share price on notice as Q1 traffic falls
Lachlan Buur-Jensen
October 21, 2021
Toll-road operator Transurban Group (ASX:TCL) share price will be on
Transurban Group (ASX:TCL) owns and operates 15 toll roads in Melbourne, Sydney, and the greater Washington area. Revenue growth is derived from traffic growth and their very own rivers of gold – inflation protected toll prices. CityLink in Melbourne is Transurban’s biggest asset, in 2018 this accounted for approximately 32% of their total toll revenue – working out to be about twice the size of the roads in Brisbane.
Toll-road operator Transurban Group (ASX:TCL) share price will be on
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The S&P/ASX 200 (ASX:XJO) suffered its worst day since February,
The Transurban Group (ASX: TCL) share price won’t be moving
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It was a flat day for the S&P/ASX 200 (ASX:XJO)
FY21 distributions fell for toll road developer and operator Transurban
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