Transurban reiterated its FY26 distribution guidance of 69 cents per security, with distributions expected to be 95–105% covered by Free Cash. For 1H26, it declared a 34cps distribution that was 102.5% covered, supported by stronger underlying performance including 6.4% growth in proportional operating EBITDA to $1,545m and 6.0% growth in proportional total revenue to $2,019m, while Free Cash rose a more modest 2.4% to $1,085m due to higher net finance costs from early refinancing.
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