Transurban Group (TCL) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Transurban Group FY25 results call. All participants are in recent only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr. Craig Stafford, General Manager, Investor Relations. Please go ahead. Good morning everyone and thank you for joining us for Transurban's 2025 full year results briefing. Transurban acknowledges the traditional owners of the lands throughout Australia and we pay respect to Elders past and present. We acknowledge our roads and infrastructure are built on country. With deep respect we incorporate the voices of First Nation peoples in our approach supporting equitable access to mobility across communities. We're joined today by our CEO Michelle Jabco and CFO Henry Byrne and together they'll take you through the presentation that we lodged with the ASX earlier this morning. We realise it's a very busy day today. The presentation should take about 20 minutes which will leave us plenty of time for Q&A and maybe an early finish. I'll now hand over to Michelle to get us started. Thanks Craig and good morning to everyone on the call. This year we worked hard to deliver and to set ourselves up for next year and beyond. We did what we said we were going to do and today's strong result shows that. We increased distributions by around 5% and outperformed our cost guidance. We increased revenue by 5.6%, traffic grew across all markets and we achieved 7.4% EBITDA growth, keeping our costs flat. We also took decisive action to be a more efficient, growth-ready business. This has given us a platform to increase our distribu...