First quarter 2020 trading update
BAM’s highest priority remains to preserve health, safety and wellbeing of all its stakeholders while continuing to protect liquidity. The performance in the first quarter of 2020 was held back by three businesses, where improvement measures continue to be a key focus. Covid-19 has led to lower activity levels and reduced operational efficiency as of mid-March. Looking ahead, Covid-19 will have a substantial impact on the construction industry and BAM’s performance.
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