Johns Lyng 'doing everything' to carry out repair works during virus outbreak
Building services provider Johns Lyng has put in place new measures to ensure the business can continue to keep up with “unprecedented demand” during the coronavirus outbreak.
New hygiene and distancing measures have been introduced in line with federal and state government regulations to slow the spread of the virus.
“We are doing everything we can to continue to service client needs in the context of this changing environment,” CEO Scott Didier said.
“Construction work has been listed as an essential service that can continue during the current social restrictions as mandated by state and federal governments.”
The volume of work has increased significantly, fuelled in large part by last summer’s bushfires and other natural catastrophes. Its Insurance Building and Restoration Services arm achieved a 55.9% rise in revenue to $183.2 million in the December half, as catastrophe-linked income more than doubled to $38.2 million.
“Following a spate of recent extreme weather events…we are currently managing an unprecedented level of demand for our services,” Mr Didier said. “To the end of March, the group has continued to perform strongly, relative to our forecast.”
“This is why continuing to deliver our services remains important.”