Aveng FY26 returns to operating profit of A$19.3 million; revenue falls 12.4% to A$2.3 billion

Reuters2026/08/21 17:47

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Aveng posted a loss attributable to equity holders of A$15.2 million, narrowing from a prior-year loss of A$92.5 million.
Revenue fell 12.4% to A$2.3 billion, reflecting softer infrastructure markets in Australia and New Zealand.
Operating earnings before capital items swung to profit of A$19.3 million from a prior-year loss of A$60.4 million.
Headline loss narrowed to A$4 million from A$84.6 million, while net cash slipped to A$159.8 million from A$211.4 million.
Work in hand eased to A$3.1 billion from A$3.2 billion; management flagged remaining losses on Kidston with cash outflows expected into FY27.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aveng Ltd. published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Aveng FY26 returns to operating profit of A$19.3 million; revenue falls 12.4% to A$2.3 billion

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