Aveng delivers positive interim results

McConnell Dowell's parent company, Aveng Limited, released strong results for the interim period ended 31 December 2023, returning to profitability and positive cash generation.

Aveng demonstrated its resilience and the core strength of its operating subsidiaries through this turnaround and the improved performance against the comparative period. The Group delivered a double-digit improvement in revenue, operating earnings, earnings from continuing operations, and headline earnings.

Read the full press release here.


About Aveng

Aveng is an engineering-led international contractor focused on infrastructure, building and mining, capitalising on the expertise and experience of McConnell Dowell, Built Environs and Moolmans.

Aveng is listed on the Johannesburg Stock Exchange. Code: JSE:AEG