Aveng Ltd - Company Profile
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Aveng Ltd (Aveng) is a provider of construction and engineering services. It offers construction, infrastructure, and engineering products and services. The company’s services include building, civil engineering, concession, mechanical and electrical engineering, mining, earthworks, design, and project management services. It serves civil and marine; electrical, mechanical, pipelines, and tunnelling sectors. Aveng serves the public infrastructure, power, mining, oil and gas, water, commercial, industrial, automotive, and rail industries. The company owns and operates excavators, face shovels, dump trucks, drill rigs, support equipment, and underground equipment. The company through its subsidiaries operates in Africa, Oceania, Asia, and the Middle East. Aveng is headquartered in Boksburg, Gauteng, South Africa.
Headquarters
South Africa
Address
3rd Floor, 10 The High Street, Melrose Arch, Johannesburg, Gauteng, 2076
Website
www.aveng.co.za
Telephone
27 11 7792800
No of Employees
5,195
Industry
Construction
Ticker Symbol & Exchange
AEG (JNB)
Revenue (2023)
$1.8B
34.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-1108.5%
(2023 vs 2022)
Market Cap*
$41.6M
Net Profit Margin (2023)
XYZ
-844.8%
(2023 vs 2022)
* As of and is in US$
Aveng Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Steel | Design |
| Construction Products | Engineering and Construction |
| Fabricated Products | Civil and Marine |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Divestiture | In May, the company divested Trident Steel for ZAR1,220 million. |
| 2023 | Contracts/Agreements | In January, the company signed five year manganese mining contract with Tshipi e Ntle. |
| 2019 | Divestiture | In August, the company sold the Grinaker LTA Building and Civil Engineering business to the Laula Consortium (Laula) for ZAR100 million. |
Competitor Comparison
| Key Parameters | Aveng Ltd | The Bidvest Group Ltd | ArcelorMittal South Africa Ltd | Wilson Bayly Holmes-Ovcon Ltd | Argent Industrial Ltd |
|---|---|---|---|---|---|
| Headquarters | South Africa | South Africa | South Africa | South Africa | South Africa |
| City | Johannesburg | Johannesburg | Vanderbijlpark | Sandton | Durban |
| State/Province | Gauteng | - | - | - | - |
| No. of Employees | 5,195 | 128,471 | 6,554 | 9,515 | 2,774 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott Cummins | Chief Executive Officer; Director | Executive Board | 2024 | - |
| Adrian Macartney | Director; Chief Financial Officer | Executive Board | 2014 | 55 |
| Bradley Meyer | Chairman | Non Executive Board | - | 44 |
| Liesl Tweedie | Group Executive - Finance | Senior Management | - | 55 |
| Edinah Mandizha | Secretary | Senior Management | - | 43 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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