Profits treble for operator of €328m motorway

THE operator of the €328 million N4/N6 Kilcock-Kinnegad motorway increased its profits almost threefold on the tolled route last year, revealing results exceeded expectations.

The route was completed in December 2005 by a consortium under a public private partnership (PPP) that allows the operator, led by Spanish firm Cintra, to manage it until 2033.

Accounts filed by operator, Eurolink Motorway Operation Ltd, show profits increased by 171%, from €1.23m in December 2009 to €3.352m at the end of 2010.