Aveng says growth platform in place as it reports first positive earnings since 2014

Infrastructure and contract mining group Aveng reported headline earnings of R751-million for the year to June 30, 2021, the company’s first positive headline earnings performance since June 2014. The JSE-listed group, which has undergone far-reaching restructuring since 2017, has two remaining core businesses in the form of McConnell Dowell and Moolmans, having disposed of all but one of its noncore units, including construction company Grinaker-LTA.

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