Ventia Services says it is on track to hit profit targets
Jenny WigginsInfrastructure reporter
Newly listed contractor Ventia Services said it was on track to hit its full-year prospectus targets after interim earnings more than doubled to $105 million but its profit margins weakened.
Interim profits at the contractor, which floated in November, were boosted by a 9 per cent rise in revenue to $2.5 billion and lower finance costs, as well as income tax benefits.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Infrastructure
Fetching latest articles