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How Is AVADA Group Tackling a $17.6m Loss Amid Industry Challenges?
4:18am on Saturday 30th of August, 2025 AEST
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Infrastructure Services
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How Is AVADA Group Tackling a $17.6m Loss Amid Industry Challenges?
4:18am on Saturday 30th of August, 2025 AEST
Key Points
Statutory net loss of $17.6 million including $14.8 million impairments
Revenue declined 10.5% to $183.1 million due to severe weather and project delays
First phase of business transformation completed with cost reductions and consolidation
New Zealand operations restructured and rebranded amid strategic review
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Avada (ASX:AVD)
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