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WHAT A YEAR FOR BMD

At BMD, we have been seeing things differently since 1979. Our involvement in some truly nation building projects over our history has assisted us in catapulting from a small Queensland family business to become Australia’s largest privately owned civil contractor. BMD’s point of difference is in our ability to deliver major and minor infrastructure, and urbanisation projects through our integrated business model; together with our financial strength, 43-year track record and self-performing capability. The past year will long be recognised in BMD’s history books as one of resilience, growth and transformation. Our solid financial result reflects the continued execution of our strategy which incorporates the pillars of people, process and performance combined with the strength of our truly diverse business model.

This year saw BMD diversify into larger projects, vertical building construction and new business acquisitions which assists to future proof and secure our supply chain.
“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. It was a significant year of growth, with our people demonstrating true resilience to deliver strong performance and achieve record turnover.

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 substantial pipeline and diverse portfolio of secured projects, we are moving into an exciting period that will see extensive growth across all areas of our business.

I’d like to thank every single member of our greater BMD family who has contributed to our success and all who continue to be part of our story.”

Scott Power
Group Director – Chief Executive Officer

GROUP REVENUE

  • 2021-22 – $1.64 billion
  • 2020-21 – $1.46 billion ($1.55 billion including international)
  • 2019-20 – $1.45 billion

REVENUE BY BUSINESS UNIT

  • BMD Constructions – 51.08%
  • BMD Urban – 35.09%
  • Empower Engineers &
 Project Managers – 0.31%
  • JMac Constructions – 3.60%
  • Urbex – 9.92%

PROJECT STATISTICS

  • 384 projects awarded
  • 288 projects reached practical completion
  • 100 projects operating at any one time

HOURS WORKED

  • 7.3 million hours worked across the group

LIVING OUR VALUES

OUR BUSINESS IS OUR PEOPLE

BMD continues to expand geographically, through our capability and in size. While a lot has changed over the past four decades, our longstanding motto of our business is our people has endured.
The past year has not been without its difficulties, however by working together we continued to rise to the challenge and demonstrate our commitment to the BMD way, delivering outcomes for our people and our business. Over the past 12 months we have:
  • expanded the BMD family with a growth of 18% in our employee base
  • increased the number of women in our business, reaching 19%
  • employed 62 graduates (28% of which are women)
  • worked with over 4700 Australian suppliers and subcontractors
  • grown our 20 Year Club to 113 people
  • focused on engaging First Nations people, with 2.5% of our employees identifying as Aboriginal or Torres Strait Islander.
The pillars of people, process and performance remain at the centre of our approach to the year ahead. We will have a significant emphasis on supporting and developing our people, as we move into an exciting period that will see growth across all areas of the business.

SAFETY AND WELLBEING

THE HEART OF THE BMD WAY

BMD is in a period of change, growth and opportunity, and with it comes new challenges. We are navigating new markets, clients and advanced technologies, and have experienced significant growth in our workforce. Over this period, we have taken a step back to reflect on our safety culture, challenging our focus and approach. As we move forward, we are taking steps to realign our safety and wellbeing culture with the true values of BMD. Across our operations, we completed 7.3 million work hours this year and reported a total recordable injury frequency rate of 6.9. The high risk areas of working at heights, excavator/worker interactions and overhead powerline incidents require increased diligence and improvement. Our HSEQ Steering Committee and regional leads have worked in collaboration to assess, re-focus and re-establish our philosophy in regard to health, safety, environment and quality (HSEQ) to launch a new mantra – HSEQ excellence is the BMD way.

CARING FOR OUR COMMUNITIES

IT’S THE BMD WAY

After 43 years of operation, BMD continues to invest in the development of long-term partnerships with organisations which align with our values. This investment serves to maximise the opportunity for local input with flow on effects in the legacies we leave in communities long after the project is delivered. We are proud to build long-standing relationships within our communities, including our corporate partnerships, which have an average length of over 11 years. We invest over $1 million with these partners annually, and continue to support local communities through grassroots and give-back initiatives. Our commitment to supporting organisations is based on mutual respect and trust, and sharing in our joint commitment to diversity, reconciliation, family values and high-performance.

THANK YOU

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

Download previous annual reviews below