Aveng Grinaker-LTA

photo
Chris Botha
Managing Director

Aveng Grinaker-LTA offers multidisciplinary services across the construction and engineering value chain to its clients in South Africa, Namibia, Mozambique, Mauritius and selected markets in the rest of Africa. Services include construction services in building, civil engineering, roads and earthworks, and mechanical and electrical engineering.
 

Financial highlights      
 

2014

RM

2013

RM

Variance

(%)

Gross revenue 8 543 7 392 16
Gross earnings 14 (346) (104)
Net operating system (566) (968) (42)
Capital expenditure 152 47 233
Total assets 4546 4281 6
Total Liabilities 2450 2669 (8)


Aveng Grinaker-LTA was repositioned in 2013 to strengthen its service offering to clients in its core operations. As a consequence, the businesses of Aveng Steel Fabrication (ASF), Aveng Manufacturing Automation & Control Solutions (A&CS) and Aveng Manufacturing Facades were moved to Aveng Steel and Aveng Manufacturing respectively with effect from 1 July 2013*.

For more information on the operation go to www.avenggrinaker-lta.co.za

For more on performance view the Integrated Report 2014