What does Ventia company do?
Ventia Pty Limited operates as a telecommunications, infrastructure, and utilities services company. The Company develops, constructs, maintains, and operates road, electricity and gas transmission, water, and telecommunications networks, as well as offers environmental and facilities management solutions.
What country is Ventia from?
Who is Ventia owned by?
Ventia is an independent partnership between funds managed by affiliates of Apollo Global Management and the CIMIC Group.
Is Ventia a good investment?
Ventia earns most of its revenue via long term contracts with built in mechanisms for raising prices. The result is a stable stream of profits. During the pandemic, the company grew earnings at an annualised rate of 3.8%. Ventia expects net profits after tax to grow 16% in 2021 to $123 million.