ASX:VNTConstruction
Ventia (ASX:VNT) Shares Face Revenue Pressure Despite Record Margin Gain
Ventia Services Group shares closed at A$5.89 today after the market weighed a softer top line against a step up in profitability. Revenue for the half came in at A$2.9b, while earnings before interest, tax, depreciation and amortisation reached A$273m with a record 9.4% margin.
The key question for you is whether this margin story justifies the recent 90 day share price decline of 5%. Today looked like a verdict on how much faith investors have in Ventia’s ability to keep turning contract...