Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Aveng Shares Climb on Dividend, 19% Advance in Order Book

Aveng Ltd., South Africa’s largest construction and engineering company, rose in Johannesburg trading after its order book increased and the company maintained its dividend.

The shares closed 0.7 percent higher at 33.52 rand as of 5 p.m. The benchmark FTSE/JSE Africa All Share Index declined 2.1 percent.

The order book rose 19 percent to a record high of 37 billion rand ($5.2 billion), the Johannesburg-based company said in a statement. More than half of the order book is from Australasia, Chief Executive Officer Roger Jardine said by phone from Johannesburg today. Aveng will pay a final dividend of 1.45 rand for the year through June, the same amount as a year earlier.

“The nice, stable dividend and the positive order book,” is helping to boost the shares, Dirk Noeth, an analyst at Avior Research Ltd., said by phone from Cape Town.

Aveng increased capital expenditure by 54 percent to 1.82 billion rand in the year and had cash of 5.4 billion rand at the year end.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.