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AAP

Business

Derek Rose

Transurban FY22 revenue up 6pct to $3.4b

Transurban CEO Scott Charlton says the company has benefited from a move away from public transit. (Joe Castro/AAP PHOTOS) (AAP)

Transurban says its fourth-quarter toll road traffic exceeded pre-pandemic levels, but is forecasting a 2022/23 return to shareholders well below market expectations.

The toll road operator on Thursday said it expects to distribute 53 cents per share in FY2023, 30 per cent higher than in 2021/22 but under consensus estimates of 60 cents.

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