Atlas Arteria Ltd

ALX: XASX (AUS)
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Atlas Arteria: Weak Traffic and French Taxes Clip Earnings; Fair Value Down by 15%

Toll road owner VINCI Autoroutes' French intercity traffic fell 6% in August. Year-to-date, traffic is down 3%, with a 4% reduction in car volumes offsetting slightly higher truck volumes. VINCI data is a guide for Atlas Arteria's core asset—the 31%-owned APRR motorway—also in France.

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