Atlas Arteria Group released its June 2018 quarter toll revenue and traffic statistics

  • Jul 24, 2018 AEST
  • Team Kalkine
Atlas Arteria Group released its June 2018 quarter toll revenue and traffic statistics

June 2018 quarter toll revenue and traffic statistics: Atlas Arteria Group (ASX: ALX), formerly known as Macquarie Atlas Roads, witnessed a stock price rise of 1.01% on July 24, 2018 after the company released the toll revenue and traffic statistics for the June 2018 quarter for each of its portfolio toll roads. For the June quarter 2018, the weighted average toll revenue and traffic rose by 5.9% and 3.5% respectively on the prior corresponding period (pcp) due to increased aggregate traffic levels, primarily at APRR, and revised toll schedules implemented during the year. During six months, the weighted average toll revenue has grown 5.7% while traffic over the same period rose by 3.4% on pcp. Meanwhile, ALX stock has risen 8.46% in three months as on July 23, 2018  and is trading at a P/E of 7.31x.

Atlas.pngRevenue and traffic performance for June quarter against pcp  (Source: Company Reports)

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