Publications
Partners
Johannesburg - The infrastructure development company Aveng [JSE:AEG] has increased its revenue by 27% to R52bn during the financial year until the end of June 2013.
Its headline earnings of R466m is a decrease of 6% comared to the previous financial year.
Headline earnings per share were 124.6 cents - 3% less than for the financial year until the end of June 2012.
No dividend was declared for the full year.
The two year order book of R37.4bn is a decrease of 20% from June 2012.
The group said its public sector infrastructure spend in South Africa will remain slower than anticipated.
It expects solid a improvement in the operational performance of the group in the 2014 financial year.
Its headline earnings of R466m is a decrease of 6% comared to the previous financial year.
Headline earnings per share were 124.6 cents - 3% less than for the financial year until the end of June 2012.
No dividend was declared for the full year.
The two year order book of R37.4bn is a decrease of 20% from June 2012.
The group said its public sector infrastructure spend in South Africa will remain slower than anticipated.
It expects solid a improvement in the operational performance of the group in the 2014 financial year.
