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ALX - Atlas Arteria News Story

A$6.18 0.0  0.5%

Last Trade - 7:10am

Sector
Industrials
Size
Large Cap
Market Cap £3.27bn
Enterprise Value £3.98bn
Revenue £59.1m
Position in Universe 98th / 1911

BUZZ-Australia's Atlas Arteria drops on weak Q1 numbers

Wed 21st April, 2021 5:12am
** Shares of Atlas Arteria  ALX.AX  fall as much as 1.5% to
A$5.88, their biggest intraday pct drop since April 15
    ** Toll road operator says traffic and revenue in Q1 were
affected by COVID-19-related movement restrictions   urn:newsml:reuters.com:*:nFWN2MD0UH
    ** Says Q1 weighted average toll revenue fell 9.0% compared
with a year earlier, which included just one month of lockdown,
while Q1 weighted average traffic fell 12.4%
    ** Usage of Atlas Arteria's toll roads in the U.S. and
Europe remains well below pre-pandemic levels
    ** ALX down 8.2% so far this year, as of last close
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))
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