Transurban Group (TCL) manages and develops urban toll road networks here and in the US. TCL engages in the development, operation, maintenance and financing of toll road networks and also the management of its associated customer and client relationships.
“Transurban has released its first quarter 2022 traffic data,” Raymond said.
“While there were depressed volumes during the period, we think this will be expected by the market given previous TCL disclosures.
“The market will likely look through this short-term data to the steady state volumes upon recovery,” Raymond maintained.
Transurban Group (TCL)
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