AFRICA'S second-biggest construction group, Aveng, expects its performance in the first half of 2010 to be worse than 2009 as trading conditions remain tough, it said on Friday.
AFRICA'S second-biggest construction group, Aveng, expects its performance in the first half of 2010 to be worse than 2009 as trading conditions remain tough, it said on Friday.
The South African World Cup stadium builder said volumes in its steel manufacturing and processing business had stabilised, but the continued strength of the rand would hurt foreign earnings. - Reuters
Aveng expects to take a dip
AFRICA'S second-biggest construction group, Aveng, expects its performance in the first half of 2010 to be worse than 2009 as trading conditions remain tough, it said on Friday.
AFRICA'S second-biggest construction group, Aveng, expects its performance in the first half of 2010 to be worse than 2009 as trading conditions remain tough, it said on Friday.
The South African World Cup stadium builder said volumes in its steel manufacturing and processing business had stabilised, but the continued strength of the rand would hurt foreign earnings. - Reuters
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Trending
Latest Videos