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4-Traders Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Transurban Group    TCL   AU000000TCL6

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Transurban Group : Transurban Chief Executive Chris Lynch To Resign

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01/29/2012 | 11:31pm CEST

Transurban Group (TCL.AU) said Monday that Chris Lynch has notified the toll road owner of his intention to stand down as its chief executive from July.

The company has identified a pool of potential internal replacements, but also has a well researched view of external possibilities, Chairman Lindsay Maxsted said in a statement.

After four years in the top job, Lynch said that Transurban is in excellent shape and that the time was right for him to leave.

-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

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Financials ( AUD)
Sales 2017 2 211 M
EBIT 2017 952 M
Net income 2017 211 M
Debt 2017 12 690 M
Yield 2017 4,53%
P/E ratio 2017 99,62
P/E ratio 2018 77,33
EV / Sales 2017 16,3x
EV / Sales 2018 15,4x
Capitalization 23 375 M
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Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 11,7  AUD
Spread / Average Target 2,6%
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Managers
NameTitle
Louis Scott Charlton Chief Executive Officer & Executive Director
Lindsay Philip Maxsted Chairman
Adam Watson Chief Financial Officer
Lisa Tobin Group General Manager-Technology
Rodney E. Slater Independent Non-Executive Director
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