Aveng Manufacturing manufactures and supplies construction products to the construction sector, services and engineered solutions to mining, water, Oil and Gas and construction clients, and rail construction and maintenance services to the transport sector. Aveng Steel supplies a wide range of products to the steel, construction and automotive industries from its steel yards, processing centres and manufacturing plants.
2016 salient features
- Weak manufacturing, mining, and construction market adversely affected performance, mainly in the second half
- Reduction in rail maintenance impacted mechanised rail maintenance contracts and sleeper volumes
- Roof tile and paving facilities performing at full capacity
- Capital expenditure increased roof tile and valve manufacturing capacity
- Profitability and cash flow below expectations