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Aveng Group full year results

Tuesday 10th September, 2013

SA construction sector overshadows resilient performance at other group operations

Webcast of interim results announcement:

Friday 15th March, 2013

A delayed webcast recording of the presentation will be available at 12:00 on 15 March 2013.

AVENG GROUP INTERIM RESULTS TO DECEMBER 2012

Friday 15th March, 2013

AVENG GROUP INTERIM RESULTS TO DECEMBER 2012: Performance underpinned by a well balanced portfolio, geographical diversity and multi-disciplinary capabilities

KEY FEATURES
Revenue up 30%.

Tough year but encouraging future

Wednesday 5th September, 2012

While most of our business units delivered improved results, a number of problem contracts in Australia and South Africa, combined with the continued challenging construction market in South Africa, negatively impacted our headlines earnings which are down by 58%.

Since 2008 the South African government’s public infrastructure spend has decreased significantly.

Community Building Project

Wednesday 16th May, 2012

The Aveng Group continues to improve Skills Development and Training. Since 2009 Aveng has donated over R7 Million to the Community Building Project - Addressing Government Priorities of Skills Training and Job Creation.
 

Prominent Physicist Rob Adam joins the Aveng Group

Wednesday 30th November, 2011

The Aveng Group today, announced the appointment of Dr Rob Adam to bolster its leadership within the burgeoning power sector. Having identified the power value chain as a strategic area for growth, leading infrastructure group, Aveng is well positioned to capitalise on the global demand for power. This includes new capabilities in more environmentally-friendly renewable solutions such as wind energy, as well as alternative solutions such as geothermal and nuclear power.

Project Milestone: Adelaide Desalination Plant achieves continuous 24 hour operation of the 50GL plant, South Australia

Monday 17th October, 2011

MacDow is pleased to announce that the Adelaide Desalination Plant Project has reached the important milestone of the successful operation of the first 50GL plant for a continuous 24 hour period.

Proposed amendments to BEE transaction

Monday 10th October, 2011

Click here to view the proposed amendments to the BEE transaction

Aveng order book at a record high of R37 billion

Monday 5th September, 2011

The Aveng Group announces full year results to end June 2011

Commenting on the results, Roger Jardine, CEO of the Aveng Group said, “These results are a reflection of the group’s resilience considering the numerous challenges faced by the industry. The South African construction and infrastructure environment has slowed significantly, particularly in the public sector. But our geographic diversity, robust balance sheet and strong order book growth have positioned us well to deal with the downturn in the industry.”

Aveng Trident Steel Contributes to Growing Motor Manufacturing Industry

Friday 22nd July, 2011

Aveng Trident Steel, a subsidiary of leading infrastructure group Aveng, today unveiled its new blanking press line at its Port Elizabeth premises. The 630 ton Servo Press Blanking line, which was manufactured by Shuler of Gemminen in Germany, will allow Aveng Trident Steel to press curved, trapezoidal or straight-edge blanks cost effectively for the motor manufacturing industry.