2212 GMT - Toll road owner Atlas Arteria is likely to signal another year of distribution growth when it reports its annual result next month, reckons RBC Capital Markets. Atlas Arteria has signaled a total payout of A$0.40/share for 2024, and RBC thinks it will lift this to A$0.42/share in 2025 while acknowledging this isn't a consensus view. "We expect Atlas Arteria to defend its A$0.40/share 'floor' distribution and see potential for some further growth in 2025 following the recent restructure of its APRR holding and the associated Eiffarie debt amortization profile," says RBC, referring to the company's French business. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
January 13, 2025 17:13 ET (22:13 GMT)
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