Source: Reuters
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  • Johns Lyng (JLG) is appointed by Emergency Recovery Victoria (ERV) to assist those affected by the ongoing flood disaster in the state
  • The company estimates around 34,000 homes will be inundated or isolated in the coming days and weeks, with at least 24 local government authorities impacted so far
  • CEO Nick Carnell says the company is well-positioned to lead and coordinate this vital work and is “prepared and ready” to assist Victorians
  • The company has been a panel member providing services to ERV for several years
  • Shares in John Lyng closed 1.51 per cent higher at $6.07 per share

Disaster recovery and building services provider Johns Lyng (JLG) has been appointed by Emergency Recovery Victoria (ERV) to assist those affected by the ongoing flood disaster in the state.

Currently, the company estimates around 34,000 homes will be inundated or isolated in the coming days and weeks, with at least 24 local government authorities impacted so far.

Johns Lyng CEO Nick Carnell said the company was “well-positioned” to lead and coordinate this vital work.

“Johns Lyng is prepared and ready to assist Victorians at this difficult time and will work tirelessly with ERV to alleviate the challenges that our fellow Victorians are facing,” Mr Carnell said.

“This emergency is unfolding, and it is important that resources are mobilised rapidly and
effectively.

“We have the experience and knowledge to fully mobilise for a catastrophe of this scale, most recently through our ongoing work in the Northern Rivers of NSW and Southeast Queensland and the June 2021 Victorian storms.”

Mr Carnell said it was too early to estimate the scope of work, though the company’s initial priority was to ensure all affected Victorians were safe and secure.

The company has been a panel member providing services to ERV for several years.

As of October 17, more than 11,000 Victorians have been displaced by the floods.

Shares in John Lyng closed 1.51 per cent higher at $6.07 per share.

JLG by the numbers
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