Business
Transurban says COVID has hit traffic, but commuters will return to the office – Sydney Morning Herald
Melbourne’s return to a hard lockdown has thrown back toll road giant Transurban’s COVID-19 recovery, but the company says predictions the pandemic will bring on a lasting shift to people working at home are overblown.
Chief executive Scott Charlton said Transurban intended to pay a dividend again this year in line with free cash flow, but a return to previous levels would hinge on whether governments continued to lock cities down to control COVID-19 outbreaks.
“It is really tied to how we combat the virus and when the government and community feels that it’s under a level of control that everyone is comfortable with to ease this level of restrictions,” he said.
“That will come into the longer term play of h…
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