IT’S BEEN A YEAR LIKE NO OTHER

Our value system, unique culture and commitment to our people is what makes us different and guides everything we do. The powerful combination of our capability, vision and values allows our people to deliver city shaping infrastructure, achieve great outcomes for our clients, and consistently grow our business.

THE FUTURE

Our future will remain underpinned by the continued perseverance of our people, and our ability to deliver world class infrastructure through our self-performance capability and the engagement of locally based subcontractors and suppliers on our projects.

COVID-19 CHANGED EVERYTHING

2020 will long be recognised as a historic year, with COVID-19 having a profound impact on people, communities and businesses, not only now but for years to come. Our people have adapted, remained resilient, and focussed to approach the challenges thrown our way through this entirely unique operating environment.

I am pleased to report to you on BMD’s performance over the past year in what can only be described as a challenging operating environment.

At BMD, our business is our people. It is thanks to our people, who have demonstrated tremendous resilience to take on the challenges, that we are able to deliver significant results for our business, our clients and the communities in which we operate.

With a strong pipeline and diverse portfolio of secured projects, BMD is in a positive position for sustaining success. We are focussed on supporting and developing our people, while also welcoming newcomers into the BMD family as we move into an exciting period that will see significant growth across all areas of our business.”

SCOTT POWER GROUP DIRECTOR CHIEF EXECUTIVE OFFICER

THIS YEAR AT A GLANCE

Despite the challenges, our teams continued to deliver exceptional projects over the year. This financial year represents one of the better performing years BMD has seen for some time with a record turnover of $1.55 billion.

GROUP REVENUE

2018-19 – $1.36 billion
2019-20 – $1.51 billion
2020-21 – $1.55 billion

REVENUE BY BUSINESS UNIT

BMD Constructions – 55.1%
BMD Urban – 28%
Empower Engineers &  Project Managers – 0.3%
JMac Constructions – 2.9%
Urbex – 7.9%
International – 5.8%

PROJECT STATISTICS

237 projects awarded
188 projects reached practical completion

HOURS WORKED

7.7 million hours worked across the group

SAFETY AND WELLBEING

THE HEART OF THE BMD WAY

Faced by a year like no other, the safety and wellbeing of our people has never been more important. The quick deployment of our COVID taskforce, made up of key leaders across our business, allowed for a speedy response to the pandemic and implementation of COVID-safe ways of working. This taskforce, combined with our people’s commitment to safety, allowed for all projects to remain open over the year. Recent pauses in work only occurred towards the very end of the year as a result of a mandated stop on construction in New South Wales and South Australia. It was another busy year with 7.7 million hours worked across our business. While our people quickly adapted to shifts in processes, or re-engineered ways of working to ensure a COVID-safe workplace, they didn’t lose focus on the overall importance of safety, allowing us to record a 23% reduction in our total recordable injury frequency rate from 6.2 to 4.8, and a 22% reduction in our high potential incident frequency rate from 17.0 to 13.2.

ENVIRONMENT AND SUSTAINABILITY

CHAMPIONING OUR PEOPLE TO DELIVER SUSTAINABLE OUTCOMES

While the work we do necessitates changes to our environment, we are committed to operating in a way which ensures the protection of ecosystems and focusses on improving environmental amenity for the communities in which we operate. Our class 1 environmental incident frequency rate remained at zero and we delivered a significant improvement in our class 2 environmental frequency rate (incidents per million hours) which reduced from 1.5 to 0.9 – a decrease of 40%. While this outcome is a step in the right direction, it is still higher than our goal of 0.5.

SOCIAL INCLUSION

TRANSFORMING LIVES THROUGH JOBS AND TRAINING

While the delivery of infrastructure is our core business, we recognise that we are strengthened by diversity and embrace differences as an equal opportunity employer, providing a flexible and inclusive workplace that empowers our people and supports individual needs. We work hard to create opportunities for local, social, and Aboriginal and Torres Strait Islander businesses that will unlock the greatest social and economic benefits for the communities where we work, with our business working with over 3900 Australian suppliers this year. With Australia’s infrastructure industry booming, there has never been a better opportunity to attract new people to build a meaningful and successful career, and we work closely with our clients and partners to create opportunities that deliver genuine benefits for individuals through job opportunities on our projects, and for communities through measured and responsive procurement practices. We recognise our important role in building the capability of local businesses, providing employment for disadvantaged individuals, and upskilling workers that are both new and established within the industry.

THANK YOU

TO OUR PEOPLE, CLIENTS, PARTNERS AND SUPPLY CHAIN FOR YOUR CONTINUED SUPPORT.

Download previous annual reviews below

2019-20 2018-19 2017-18 2016-17 2015-16

Download 2020-21

2020-2021 Annual Review

IT’S BEEN A YEAR LIKE NO OTHER

THE FUTURE

COVID-19 CHANGED EVERYTHING

I am pleased to report to you on BMD’s performance over the past year in what can only be described as a challenging operating environment.

At BMD, our business is our people. It is thanks to our people, who have demonstrated tremendous resilience to take on the challenges, that we are able to deliver significant results for our business, our clients and the communities in which we operate.