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SMTPC Reports Increased Traffic and Revenue for Q4 2024

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SMTPC Reports Increased Traffic and Revenue for Q4 2024

Societe Marseillaise du Tunnel Prado Carenage ( (FR:ALTPC) ) has issued an announcement.

Société Marseillaise du Tunnel Prado Carénage reported a 0.6% increase in fourth-quarter 2024 revenue compared to 2023, driven by a 2.1% rise in traffic, although additional services revenue declined. The overall annual traffic for 2024 rose by 1.2%, reflecting steady operational performance and potentially strengthening the company’s market position.

More about Societe Marseillaise du Tunnel Prado Carenage

Société Marseillaise du Tunnel Prado Carénage (SMTPC) operates a toll road tunnel in the Métropole Aix Marseille Provence, connecting major highways through Marseille’s city center. The company is responsible for maintenance, safety, and operations of the tunnel and is listed on EURONEXT Growth Paris.

YTD Price Performance: -0.72%

Average Trading Volume: 65

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €159.9M

Find detailed analytics on ALTPC stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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