Transurban Reports Strong Profit Growth and Dividend

Transurban Group Ltd. (AU:TCL) has released an update.

Transurban Group Ltd. reports a slight decrease in revenue by 0.9%, but a substantial increase in profit after tax by 312.2% for the fiscal year ended June 30, 2024. Toll revenue and EBITDA also saw an increase of 6.7% and 7.5%, respectively, while free cash surged by 42.5%. The company announced a final distribution of 32 cents per security, with a record date of June 28, 2024, and payment due on August 13, 2024.

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