Aveng Ltd 2021 IR
The report details Aveng's financial and operational performance for the 2021 fiscal year, highlighting its return to profitability for the first time since 2014. The company successfully restructured and reduced its debt by 42% to R1.4 billion and raised R492 million in new capital. Operationally, its core businesses, McConnell Dowell and Moolmans, delivered strong revenue growth and positive cash flows. Despite these achievements, the group's safety performance was impacted by a tragic workplace fatality at the Gamsberg mine.
Company: Aveng Ltd
Sector: Industrials
Country: South Africa
Year: 2021
Type: IR
Pages: 84
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Aveng Ltd
Integrated Report
The report details Aveng's financial and operational performance for the 2021 fiscal year, highlighting its return to profitability for the first time since 2014. The company successfully restructured and reduced its debt by 42% to R1.4 billion and raised R492 million in new capital. Operationally, its core businesses, McConnell Dowell and Moolmans, delivered strong revenue growth and positive cash flows. Despite these achievements, the group's safety performance was impacted by a tragic workplace fatality at the Gamsberg mine.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees