Aveng Ltd 2024 IR
The report outlines Aveng's performance and strategic direction for the 2024 financial year, highlighting a return to profitability and strong cash generation. The Group announced a new corporate strategy to separate its two operating businesses, McConnell Dowell and Moolmans, into independent entities to optimize long-term growth. Key financial achievements include a revenue increase to A$3.1 billion and headline earnings of A$38.0 million. On the ESG front, the Group maintained its goal of zero fatalities, although its lost-time injury frequency rate deteriorated due to increased project activity.
Company: Aveng Ltd
Sector: Industrials
Country: South Africa
Year: 2024
Type: IR
Pages: 82
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Aveng Ltd
Integrated Report
The report outlines Aveng's performance and strategic direction for the 2024 financial year, highlighting a return to profitability and strong cash generation. The Group announced a new corporate strategy to separate its two operating businesses, McConnell Dowell and Moolmans, into independent entities to optimize long-term growth. Key financial achievements include a revenue increase to A$3.1 billion and headline earnings of A$38.0 million. On the ESG front, the Group maintained its goal of zero fatalities, although its lost-time injury frequency rate deteriorated due to increased project activity.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
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
Workplace Fatalities
Employees