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    TCL   AU000000TCL6

TRANSURBAN GROUP

(TCL)
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Delayed Australian Stock Exchange  -  02:10 2022-08-08 am EDT
14.55 AUD   -0.75%
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Transurban : CAVs hit the roads of Brisbane

10/09/2018 | 04:33pm EDT

The brains trust for the trial includes Brisbane City Council, the Centre for Accident Research and Road Safety Queensland, the Department for Transport and Main Roads, Queensland Police and the Royal Automobile Club of Queensland.

We'll also be working closely with the car manufacturers involved from Audi, BMW, Hyundai, Jaguar Land Rover, Mercedes Benz, Toyota and Volvo.

The CAVs will be trialled under varied driving conditions and at different times of the day to see how they interact with Brisbane's motorways.

The on-road trials will begin next week and finish in late November, with results of the trial to be published next year.

Disclaimer

Transurban Group Ltd. published this content on 10 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 October 2018 20:32:02 UTC


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Sales 2022 2 951 M 2 066 M 2 066 M
Net income 2022 -16,7 M -11,7 M -11,7 M
Net Debt 2022 16 634 M 11 644 M 11 644 M
P/E ratio 2022 -664x
Yield 2022 2,77%
Capitalization 44 679 M 30 800 M 31 275 M
EV / Sales 2022 20,8x
EV / Sales 2023 17,2x
Nbr of Employees 672
Free-Float 99,0%
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Number of Analysts 14
Last Close Price 14,55 AUD
Average target price 14,22 AUD
Spread / Average Target -2,30%
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Managers and Directors
Louis Scott Charlton Chief Executive Officer & Executive Director
Michelle Jablko Chief Financial Officer
Lindsay Philip Maxsted Independent Non-Executive Director
Simon Moorfield Group Executive-Customer & Technology
Peter Brooke Scott Independent Non-Executive Director