Avax S.A. 2011 AR2
The report outlines the financial performance of J&P-AVAX S.A. and its subsidiaries for the fiscal year 2011, which was heavily impacted by the ongoing Greek economic crisis. Consolidated turnover decreased to €694.8 million, and net results fell to a €3.7 million loss, primarily due to the halt in construction of large domestic concession projects. Despite these challenges, the Group maintained a robust work-in-hand of €2.0 billion and expanded its international activities. The report also includes a Corporate Governance Statement detailing the company's compliance with Greek Law 3873/2010 and its internal audit and risk management systems.
Company: Avax S.A.
Sector: Construction
Country: Greece
Year: 2011
Type: AR2
Pages: 89
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Avax S.A.
Annual Financial Report
The report outlines the financial performance of J&P-AVAX S.A. and its subsidiaries for the fiscal year 2011, which was heavily impacted by the ongoing Greek economic crisis. Consolidated turnover decreased to €694.8 million, and net results fell to a €3.7 million loss, primarily due to the halt in construction of large domestic concession projects. Despite these challenges, the Group maintained a robust work-in-hand of €2.0 billion and expanded its international activities. The report also includes a Corporate Governance Statement detailing the company's compliance with Greek Law 3873/2010 and its internal audit and risk management systems.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees