Aveng eyes benefits of Covid-19 stimulus packages
Group says its geographic diversity and government contracts should help offset risks posed by pandemic
14 May 2020 - 11:43
Infrastructure and mining group Aveng, after seeing its share price falling more than 99% in three years, has pinned its hopes on contracts from governments seeking to revive economies hit by Covid-19 through stimulus packages.
Aveng is among a few infrastructure companies left standing after an industry-wide slump led to the collapse of several peers such as Group Five and Basil Read, thanks to its geographic diversification and sharper focus on providing services to mines...
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