Atlas Arteria Reports Toll & Traffic Updates

  • Oct 23, 2019 AEDT
  • Team Kalkine

Atlas Arteria (ASX: ALX) has reported the toll revenue and traffic statistics for Q3 2019. The weighted average traffic for Q3 2019 was 0.6% lower than Q3 2018, and 0.9% lower for the nine months to September 2019, compared to previous corresponding period.

  • Similar results were expected due to unusual traffic caused by French National Railways strikes in 2018.
  • Weighted average toll revenue was 1.7% higher than Q3 2018.
  • Weighted average toll revenue for the nine months to September 2019 was 1.4% higher than pcp.

By 1:31 PM AEST, ALX was trading at $8.33.

 

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