Atlas Arteria (AU:ALX) has released an update.
Atlas Arteria reports a mixed first quarter for 2024, with a slight decline in average traffic by 0.7% but an increase in toll revenue by 2.9%. The French farmers’ strikes notably impacted traffic flow, causing road blockades that affected the APRR network, while the Chicago Skyway saw higher toll revenue despite lower traffic volumes due to extreme winter conditions. Other areas such as ADELAC and Warnow Tunnel experienced increases in both traffic and toll revenue.
For further insights into AU:ALX stock, check out TipRanks’ Stock Analysis page.
