Infrastructure slowdown in Australasia impacts on Aveng’s revenue

JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The decrease follows an expected slowdown in infrastructure markets in Australia and New Zealand.

Feb 18, 2025 - 15:34
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Infrastructure slowdown in Australasia impacts on Aveng’s revenue
JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The decrease follows an expected slowdown in infrastructure markets in Australia and New Zealand.