Atlas Arteria Ltd
ALX: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| y.% | LOCK|K^nB^ | LOCK|v$#$$t% |
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.
