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AUSTRALIA'S MACQUARIE INFRASTRUCTURE SAYS H1 PROFIT UP 30 PCT.(Financial report)

AsiaPulse News

| May 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, May 1 Asia Pusle - One of the world's largest toll road developers and operators, Macquarie Infrastructure Group (ASX:MIG), has posted a third quarter earnings growth of 29.6 per cent, on the back of stronger traffic figures.

Macquarie Infrastructure, which operates toll toads in eleven countries including Australia, the US and the UK, said earnings before taxes, depreciation and amortisation (EBITDA) rose to $A163.8 million ($US135.77 million) after expenses, from $126.4 million the same period in 2006.

The group's third quarter performance took EBITDA for the nine months to March 31 to ...

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