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Transurban Group Provides March Quarter 2021 Update

15 Apr 2021  |  08:11:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: March Quarter 2021 Update

Transurban Group released its March quarter 2021 update. During the period, Average Daily Traffic (ADT) increased by 1.1% compared to 2020 and decreased by 3.8% compared to 2019. The first traffic impacts of COVID-19 were sustained during the March 2020 quarter. The Company Chesapeake partnership reached financial close at the end of the quarter, realising gross proceeds of US$2.1bn. During the period, Accelerate Maryland Partners was selected as the developer to deliver the American Legion Bridge I-270 to I-70 Relief Plan in Maryland, USA.

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