Leading infrastructure group reports a healthy project pipeline

摘要

In September The Aveng Group announced its annual results for the year to end June 2010, reporting revenue of R34 billion, up 1% on 2009, and an operating profit of R2.1 billion. Commenting on the results, CEO, Roger Jardine said, "Notwithstanding a tough operating environment, The Aveng Group has outperformed consensus forecasts, with pleasing bottom line performance supported by strong cost savings initiatives. Our competence and leadership in the construction sector is illustrated by our on-time delivery of signature 2010 World Cup infrastructure and other big projects. These include the Trekkopje Desalination Plant in Namibia, the Sentosa Bridge linking Sentosa Island with Singapore, and the Optimum Coal Acid Mine Drainage plant in Middelburg, South Africa."