In December 2015 BYL reported on its website a contract to deliver work in Milligan Street, Perth, for City Busport Alliance (Perth Transport Authority, Brookfield Multiplex and BG&E). This is the final transport component of the Perth City Link project – replacing the Wellington Street Bus Station with an underground bus station.
It must be a small contract, otherwise BYL would have put out an ASX Announcement, but it highlights BYL's possibility of securing work as a subcontractor. Referring to Brookfield Multiplex, BG&E and other contractors:
BYL is a partner in the A-Line East Alliance, that includes Main Roads WA, Brierty, BG&E and WML. The alliance partners cooperated on the Great Eastern Highway project.
BYL partnered with Aecom and Main Roads WA as the Access Alliance on a few projects.
BYL secured new clients in FY2015, including Brookfield Multiplex and Lend Lease.
BYL is not short of work, so that is at least one concern that we can put aside – making a better NPAT margin is what I would like to see.
BYL Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held