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Atlas Arteria ( (AU:ALX) ) has provided an update.
Atlas Arteria reported significant growth in traffic and toll revenue for Q4 2024, with a 2.9% increase in traffic and a 6.9% rise in toll revenue, attributed mainly to light vehicle traffic at APRR and toll hikes at Chicago Skyway. For the entire year, the company saw a 0.6% rise in traffic and a 4.9% increase in toll revenue, aided by robust traffic in France and strategic toll adjustments. The performance highlights were driven by factors such as recovery from earlier disruptions, strong employment levels in France, and increased commuter traffic between southeastern France and Geneva, suggesting a positive impact on the company’s operational and financial standing.
More about Atlas Arteria
Atlas Arteria, listed on the ASX under the ticker ALX, operates in the infrastructure industry, focusing on managing and developing toll roads. The company primarily generates revenue from toll collections across various international locations, with a strong market presence in Europe and North America.
YTD Price Performance: 5.88%
Average Trading Volume: 555
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.54B
See more data about ALX stock on TipRanks’ Stock Analysis page.
