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Transurban FY Profit Climbs; Sees Higher Distribution In FY25

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Transurban (TCL.AX TRAUF), a developer and operator of toll roads networks, reported that its profit for the fiscal year 2024 climbed to A$376 million from A$92 million last year.

Total revenue for the year were A$4.119 billion compared to A$4.157 billion in the prior year.

For fiscal year 2024, the company is distributing 62.0 cents per stapled security, reflecting a 7% growth and aligning with the guidance provided during the fiscal year 2023 results.

In fiscal year 2025, the company expects to pay a distribution of 65.0 cents per stapled security, representing a about 5% increase on fiscal year 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

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