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Hills Motorway posts solid result

June 18, 2018
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Toll road company Hills Motorway Group has reported a solid firsthalf result. (Sydney Morning Herald — 22 February, 2005)
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Hills Motorway unveils a ‘very satisfying’ half-year result, butwill not say if it would recommend Transurban’s $2.2 billiontakeover bid. (The Age — 23 February, 2005)
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Takeover target Hills Motorway Group today said its focus on lowering costs and encouraging revenue growth had placed it in a strong position to benefit from the expansion of the Sydney road network. (The Australian — 22 February, 2005)
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Takeover target Hills Motorway Group today said its focus onlowering costs and encouraging revenue growth had put it in astrong position to benefit from the expansion of the Sydney roadnetwork. (Australian Financial Review — 22 February, 2005)
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Hills Motorway yesterday provided the market with a ‘verysatisfying’ half-year result but declined to say whether it wouldaccept or reject Transurban’s $2.2 billion takeover bid. (Sydney Morning Herald — 22 February, 2005)
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Tollway operator Transurban Group says its takeover offer for HillsMotorway Group is going according to plan. (Sydney Morning Herald — 23 February, 2005)
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The operators of Melbournes CityLink toll road have revealed the companys tolling revenue has increased 8 6 per cent in the six months to the end of December However Transurban has still recorde (ABC News — 23 February, 2005)
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Melbourne’s CityLink operator reports a $42m net loss for the firsthalf, up on the previous corresponding period. (The Age — 23 February, 2005)
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Transurban has played down the prospect of its $2.2 billion bid forHills Motorway turning nasty, after labelling the proposed merger a’sensible move’ for both toll road operators. (Sydney Morning Herald — 23 February, 2005)
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