Transurban buoyed by Trump building plan

February 13, 2018

CEO Scott Charlton says Transurban has a significant pipeline of projects underway.

Transurban has more than tripled its first-half net profit to $331 million, on the back of an increase in toll revenue and a strong operational performance.

The toll road developer and operator also lifted revenue for the six months to December 31 by 21.9 per cent to $1.6 billion, with toll revenue up 10.5 per cent to $1.2 billion on a proportional basis.

Transurban will pay a fully franked total interim distribution of 28 cents per share, up three cents from the previous corresponding period.

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