The Board is implementing a focused strategy to grow the business in order to access longer-term and larger-tender contract opportunities that provide sustainable margins and predictable contracted revenue. In order to tender for these contracts, Bilby’s aim is to attain critical revenue mass in order to pass pre-qualification revenue requirements.
It is therefore the Board’s intention to achieve the required scale of business both organically and through strategic acquisitions.
The Board is wholly committed to maintaining its reputation for high levels of service in order to win additional and supplementary work as well as referrals from its current customers. Through its ‘buy-and-build’ strategy the Group is also targeting potential acquisition / merger opportunities based on:
- service synergies
- revenue size
- geographic focus
- management team
- cash flow
- forward order book