Atlas Arteria proportional toll revenue falls 0.4%

• Proportional toll revenue dropped 0.4% in Q3 2026, excluding foreign exchange movements.
• Reported toll revenue fell 8.9% due to adverse foreign exchange rate fluctuations.
• Proposed French tax law changes could add €210 million in costs for APRR.

Atlas Arteria (ASX:ALX) reported a 0.4% drop in proportional toll revenue excluding foreign exchange movements for Q3 2026.

The revenue change compares to the prior corresponding period, while reported proportional toll revenue declined 8.9% due to foreign exchange movements.

Higher fuel prices in France negatively impacted light vehicle traffic, contrasting with positive traffic growth across US and German assets.

The French government proposed a draft budget bill that would create an incremental cost of approximately €210 million for the APRR Group if applied in 2025.

The proposed bill includes tax rate increases on long-distance transport infrastructure alongside a temporary supplemental tax extension.

Following the announcement, the Atlas Arteria share price was down at $3.68.

Atlas Arteria manages global toll road networks, including the APRR in France, the Warnow Tunnel in Germany, and the Chicago Skyway in the United States.