Turnaround of leading Australian transport infrastructure business
KordaMentha was engaged by a national transport infrastructure business to lead a financial and operational turnaround, addressing declining profits, deteriorating asset conditions, and reduced shareholder confidence. Working closely with the Board and Executive, we repositioned the organisation for financial sustainability and long-term value creation.
2 min read
The client was the country’s largest provider of specific transport infrastructure, including both commercial and public assets.
As a Government Business Enterprise with 100’s of millions in annual revenue, the organisation played a critical role in supporting national productivity.
Amid scrutiny from various reviews, the client required a clearer understanding of its financial trajectory, particularly across Corporate Services and overheads.
We were engaged to support the company’s return to sustainable profitability and rebuild Board and shareholder confidence.
How we helped
- Diagnose the client’s financial position and identify drivers of underperformance.
- Redesign the operating model to align Executive portfolios with strategic priorities.
- Deliver a cost reduction program targeting overheads and inefficiencies.
- Refine the organisation’s commercial ambition and five-year Corporate Plan.
- Mobilise the Executive team to deliver on transformation objectives.
Outcomes acheived
Cost-out program
- Delivered reductions in key overhead categories aligned to diagnostic findings.
- Supported development of a budget aligned to reduced spending.
New operating model and organisation re-sizing
- Designed and implemented a customer-focused operating model built for growth.
- Reduced duplication across support functions and clarified accountability.
Budget reforecasting
- Reset financial expectations and challenged the five-year forecast.
- Defined a clear path to financial improvement.
Medium-term strategy and commercial viability
- Aligned stakeholders on the organisation’s commercial ambition and strategic direction.
- Co-designed implementation plans for a multi-year transformation program.
