Cut in São Paulo road tolls may cause US$252.14mn revenue drop

A future 10% cut in toll charges on roads in São Paulo could result in US$252.14million (BRL 500mn) less in revenues a year for concessionaires CCR and EcoRodovias, according to a study of 2012 company results by economists at Valor Data. São Paulo state has reportedly closed a deal to lower tolls by 10%-20%, with Governor Geraldo Alckmin only confirming that the concession contracts would be reviewed in order to achieve lower tariffs. If prices are cut by the suggested percentages, CCR will see annual reve
April 12, 2013 Read time: 1 min
A future 10% cut in toll charges on roads in São Paulo could result in US$252.14million (BRL 500mn) less in revenues a year for concessionaires CCR and 2688 Ecorodovias, according to a study of 2012 company results by economists at Valor Data.

São Paulo state has reportedly closed a deal to lower tolls by 10%-20%, with Governor Geraldo Alckmin only confirming that the concession contracts would be reviewed in order to achieve lower tariffs. If prices are cut by the suggested percentages, CCR will see annual revenues drop by $203.72 million (BRL 406mn) to $407.44 million (BRL 812mn), while for EcoRodovias the loss of revenue could vary between $49.67 million (BRL 99mn) and $99.35 million (BRL 198mn).

For more information on companies in this article

Related Content

  • ARTBA sees growth for US transport construction
    December 5, 2017
    Steady growth in the US market for transport infrastructure construction in 2018. This prediction comes from a new report by the American Road & Transportation Builders Association (ARTBA). The report suggests that the US transportation infrastructure market will rebound slightly next year, following a 2.8% drop in 2017.
    Read More
  • Road safety improving, but vulnerable road users need protection
    January 11, 2013
    Preliminary data from France over the number of fatalities on the road network reveal safety improvements during 2012. The numbers killed dropped by 7-8%, although the final figures for December are not yet available. The preliminary figures suggest that around 3,600-3,700 were killed on French roads in 2012, compared with 3,970 in 2011. This reduction is in line with targets on cutting the death rate and Ministry of the Interior wants to bring the fatality rate to just 2,000 by 2020. This reduction has bee
    Read More
  • Italian equipment sales remain strong to Q3 2018
    January 10, 2019
    Italian construction machinery exports reached nearly €2.2 billion for the first nine months of 2018, up 6.2% on the same period 2017. Imports were also up, rising 14.4% to hit €710 million, according to the latest surveys made available by the SaMoTer - Prometeia Observatory based on the information input from Unacea, the Italian construction equipment manufacturers’ association. Italian-built earthmoving machinery and equipment took the largest share of orders from abroad, worth more than €1 billio
    Read More
  • US pedestrian deaths fall but still high
    November 26, 2024
    According to analysis from the Governors Highway Safety Association - GHSA – annual US pedestrian traffic deaths fell for first time since the pandemic, but are still above the pre-pandemic level.
    Read More

Highlighted Content