AVADA Group Limited is an Australian company providing comprehensive traffic management services across Queensland, New South Wales, Victoria, and New Zealand, catering to both public and private sector clients. The company is divided into four segments: Queensland Traffic Management, New South Wales Traffic Management, Victoria Traffic Management, and New Zealand Traffic Management. Each segment encompasses entities operating within their respective geographic areas. AVADA Group’s businesses include Verifact Traffic, A2O Traffic Solutions, D&D Traffic Management, Platinum Traffic Services, Traffic Marshal, Construct Traffic, TRAFFIC MANAGEMENT PEOPLE (TMP), and Linemark Traffic Control.
Avada (ASX: AVD)
- Home
- Avada (ASX: AVD)
Here are the latest articles on Avada (ASX: AVD)
Avada downgrades FY24 guidance in light of union activity, bad weather and cancellations
May 20, 2024
Project cancellations and delays, union activities in the sector, and continued unstable weather appear to have flustered traffic management company Avada Group (ASX: AVD), which was prompted to review its FY24 guidance. Its FY24 underlying EBITDA is forecast to be between $14.5m and $15.5m, down from FY23’s $16.1m and its previously issued FY24 guidance of
Acquisitions, expansions and cost-cutting see AVADA earnings reach $16 million, exceeding its guidance
July 19, 2023
After battling some climate woes and addressing the underperformance of some units, traffic management company AVADA (ASX: AVD) is powering through. In FY23, it has reported an increase in earnings, forecasting FY24 numbers to look up too. The Company’s earnings reached $15.8 million for the full year, with $8.7 million achieved in the second half
Avada credits stabilising weather conditions for earnings boost
June 13, 2023
Finding yourself irritated at having to change outfits constantly due to unpredictable weather conditions? You’re not alone. Traffic management services provider Avada Group (ASX: AVD) has had to weather some frustrating climatic conditions, and it has impacted the Company’s financials. However, as per its latest projections, Avada is poised for a strong finish in H2
AVADA embarks on New Zealand roads after acquiring Wilsons, New Zealand’s largest traffic management company
April 17, 2023
A leading traffic management operator AVADA (ASX: AVD) has gotten the green light to enter the New Zealand market having entered into a binding agreement to acquire Wilsons, the largest traffic management company in New Zealand’s South Island. The purchase price for the acquisition includes a cash payment of $8.8 million (subject to customary working
Recent Articles
