Transurban traffic grows 3.4% in August

• Transurban reported a 3.4% increase in average daily traffic across its roads in August.
• The group share price closed down at $13.43 following the operational traffic performance announcement.
• Growth was driven by toll road expansions in North America and West Gate Tunnel traffic in Melbourne.

Transurban (ASX:TCL) reported a 3.4% increase in group average daily traffic during August compared to the prior corresponding period.

The August growth rate expanded from July’s 4% overall rate, though excluding West Gate Tunnel traffic, group volume grew by 1.9%.

Traffic in North America led regional growth with a 12.3% rise, supported by 495 Express Lanes growth of 26.1% following capacity additions on the Northern Extension.

Transurban stated that it will monitor geopolitical and macroeconomic impacts across energy-producing regions for the remainder of 2026.

Following the announcement, the Transurban share price was down at $13.43.

More than 90 per cent of group revenue is linked to CPI or fixed escalators, with inflation impacts typically flowing through over an 18-month timeframe.

The toll road operator completed the financial divestment of the A25 asset on June 15, removing its traffic figures from subsequent North American updates.