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An announcement from Atlas Arteria ( (AU:ALX) ) is now available.
Atlas Arteria has reported the introduction of a new temporary supplemental tax for large French companies, as part of the 2025 Finance Law adopted by the French Parliament. This tax applies to companies with revenues of €1 billion or more, with the APRR Group expected to fall into the higher tax bracket. This development could significantly impact Atlas Arteria’s financial obligations, as the company will need to make substantial tax payments, potentially affecting its fiscal strategies and stakeholder returns.
More about Atlas Arteria
Atlas Arteria (ASX:ALX) is a global entity engaged in the ownership, operation, and development of toll roads. The company focuses on creating long-term value for investors through careful management of toll road networks, which aim to benefit communities by reducing travel time, ensuring time certainty, and minimizing fuel consumption and carbon emissions. Atlas Arteria holds significant interests in several toll roads, including a 30.82% stake in the APRR and ADELAC motorway networks in France, a 66.67% interest in the Chicago Skyway in the US, and full ownership of the Dulles Greenway in Virginia and the Warnow Tunnel in Germany.
YTD Price Performance: 6.88%
Average Trading Volume: 548
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.55B
Learn more about ALX stock on TipRanks’ Stock Analysis page.
