March traffic update: Transurban (TCL) share price down
Jaz Harrison
April 16, 2020
The Transurban (ASX:TCL) share price is down 4% in early
Transurban Group (ASX:TCL) owns and operates 15 toll roads in Melbourne, Sydney, and the greater Washington area. Revenue growth is derived from traffic growth and their very own rivers of gold – inflation protected toll prices. CityLink in Melbourne is Transurban’s biggest asset, in 2018 this accounted for approximately 32% of their total toll revenue – working out to be about twice the size of the roads in Brisbane.
The Transurban (ASX:TCL) share price is down 4% in early
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