Infrastructure and resources group Aveng has swung into an interim headline profit for the first time since 2014, largely due to state support and a resilient market in Australia, and is upbeat about its ability to win new contracts after years of intense focus on its core businesses.

Aveng is among a few infrastructure companies left standing after an industry-wide slump led to the collapse of 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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