A new focus on the Australasian market paid off for Aveng in its year to end-June 🔒
Infrastructure and mining group Aveng has booked its first full-year profit in seven years, also reporting it has net cash of R1.1bn, underscoring progress in a turnaround strategy that has seen it move away from SA’s tough construction market.
A new focus on the Australasian market paid off for Aveng in its year to end-June, when revenue grew almost a quarter to R25.7bn, while it made R751m in headline earnings, from a loss of R950m previously...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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