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Cintra's Toronto Toll Highway Posts 2.2% Decline in May Traffic

June 10, 2008

By Brian McGee, Bloomberg

Cintra Concesiones de Infraestructuras de Transporte SA, the toll-road operator controlled by Spain's Grupo Ferrovial SA, said traffic fell 2.2 percent last month on a Toronto highway that contributed 35 percent of sales last year.

Traffic on the 407-ETR road dropped partly because May had one less working day than a year earlier, Madrid-based Cintra said in an e-mailed statement late yesterday. Daily trips declined by 0.5 percent. Traffic is defined as the number of vehicles multiplied by the distance traveled.

 

 
 
 
 
 
 
 
 
 

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