Transurban Group (ASX:TCL) recently announced that they are in a solid position to increase distributions and provide long-term value to their shareholders.

They expect some benefits from the financial year 2023 inflation to persist into the revenue of the financial year 2024.

Transurban Group (ASX:TCL) also highlighted the strong traffic and EBITDA records in FY23, which they believe will provide a sturdy foundation for continuous growth in FY24.

The Group is currently engaging with the Australian Competition and Consumer Commission (ACCC) to address matters arising from Eastlink.

Transurban Group (ASX:TCL) is an Australian toll road company that operates and develops urban toll road networks in Australia and North America.