Results Announcement For Half Year


Johannesburg, 20 February 2017: Commenting on the results, Aveng Chief Executive Officer, Kobus Verster, said: “Despite challenging market conditions, the South African and rest of African operations were cash generative during the first half of the year, which is a firm demonstration of our focus on cost, efficiency and working capital initiatives implemented over the last year. The cost base reduction evident across the business is expected to continue to yield benefits as the business aligns itself with current market conditions.”


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