Transurban (TCL.AX TRAUF), a developer and operator of toll roads networks, reported that its Average Daily Traffic or ADT for the March quarter 2025 increased by 1.8%, averaging 2.5 million trips per day. The result was supported by traffic growth in all regions, except Queensland, due to impacts from Ex-Tropical Cyclone Alfred. Easter timing had a favourable impact on the latest quarter's traffic.
Quarterly average daily traffic in Sydney grew 2.4%, predominantly driven by strong results on WestConnex (+10.3%) and NorthConnex (+2.8%).
Melbourne's quarterly average daily traffic grew 2.0% and was supported by strong discretionary travel, with weekends outperforming weekdays, improved airport related travel, and reducing construction impacts across Melbourne. Heavy vehicle growth of 2.1% was supported by a 5% increase in Port of Melbourne container volumes.
Brisbane average daily traffic declined 0.4% during the period, largely driven by the impacts of Ex-Tropical Cyclone Alfred (the Cyclone). Excluding the impacts of the Cyclone, underlying average daily traffic across the Brisbane portfolio grew 4.5%. The Cyclone impacted traffic over a nine-day period (5 March 2025 - 13 March 2025) with ADT normalizing immediately after this period. Heavy vehicle usage across the Brisbane assets increased 4.4% for the quarter supported by growth on Gateway and Logan (+4.5%).
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