Transurban Group (TCL) Q4 2023 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.622 -- 00:00:03.126 Great. Thank you. And good morning, everyone. 00:00:03.126 -- 00:00:08.775 And thank you for joining us for our full year 2023 results briefing. 00:00:08.775 -- 00:00:12.941 And today I am joined by our CFO, Michelle Japko, and we'll take you through the presentation 00:00:12.941 -- 00:00:15.465 that we've launched with the ASX this morning. 00:00:15.465 -- 00:00:19.191 Our head of investor relations, Hannah Higgins, and the whole investor relations team 00:00:19.191 -- 00:00:23.137 are also on the call with us. And as usual, we'll be happy to follow up any questions 00:00:23.137 -- 00:00:28.191 that you have later on today. Presentation should take hopefully about 30 minutes, and 00:00:28.191 -- 00:00:31.323 then we'll have time for questions. 00:00:31.323 -- 00:00:37.342 So let's start out and turn to the highlights page, which is on slide four. 00:00:37.342 -- 00:00:42.009 It's been an excellent year for us. We're continuing to see what we saw in the first 00:00:42.009 -- 00:00:46.355 half with momentum and plenty of record results right across the group. 00:00:46.355 -- 00:00:50.922 So in this full year, FY23, we have now exceeded 2.4 million average daily trips for 00:00:50.922 -- 00:00:55.468 the first time. And that is a record for us and an increase of almost 20% across the 00:00:55.468 -- 00:01:00.796 portfolio year on year. And that result is up by 200,000 trips per day 00:01:00.796 -- 00:01:04.021 on the previous record we had in FY19. 00:01:04.021 -- 00:01:09.027 And EBITDA set another record up almost 30% to more than $2.4 00:01:09.027 -- 00:01:11.150 billion. Now, 00:01:11.150 -- 00:01:15.956 given that these are my last full-year results with Transurban, I am really pleased to 00:01:15.956 -- 00:01:19.741 finish on a...