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[Article] NTR's yearly toll revenues up 7%

03-04-2006 2:49pm

#1

Victor

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http://www.rte.ie/business/2006/0403/ntr.html

NTR's yearly toll revenues up 7%
April 03, 2006 14:39

NTR, which operates the West Link toll bridge on the M50 motorway around Dublin as well as other road toll plazas, has reported a 7% increase in toll revenue to just under €50m for the 12 months to the end of December 2005.

The number of cars paying to pass through the company's toll operations - which also include the East Link in Dublin and the Drogheda by-pass on the M1, increased by 4% to just under 48 million vehicles. An average of 130,700 vehicles use the company's toll bridges every day.

The company said today that use of its Eazy Pass system is up 28% on last year and 40% of peak traffic now uses EazyPass.

The company also announced today that it is to become a leading international developer and operator in the renewable energy and waste recycling markets, where it currently generates 80% of its revenues.

NTR also announced today that it is seeking to list its Irish Broadband division on the Irish Stock Exchange.

In relation to open roads tolling, the company said that talks with the National Roads Authority were ongoing with a veiw to meeting the NRA's deadline of July 2008.

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