Shares for Beginners · Philip Muscatello - Australian Investor Education

Steven Boland - Acrow Limited (ASX:ACF)

·33 min·3 clips

Steven Boland reveals how Acrow has been involved in every major Australian infrastructure project over the last five years.

This episode features an interview with Stephen Boland, the Managing Director and CEO of Acrow Limited (ASX:ACF). Host Phil Muscatello speaks with Boland about the company's operations and market position. Acrow is a long-established provider of construction systems, specializing in formwork, scaffolding, and industrial services. Boland explains that Acrow has been involved in nearly every major Australian civil infrastructure project over the past five years. Specific projects named include Brisbane's Cross River Rail, the Bruce Highway extension near Gympie, and the Coomera Connector. The company is also a significant supplier on the large-scale Snowy Hydro project in New South Wales. Acrow provides both equipment hire and direct sales for these projects. Boland joined the company in 2013 and has driven a strategic shift towards engineered solutions. Under his leadership, Acrow has become the number one player in the formwork sector in Australia. The company has achieved growth in revenue, profit, and return on equity. Prior to Acrow, Boland held senior roles at Veolia and Visy Industries. The company's history spans almost 90 years, giving it a strong brand synonymous with construction. A key insight is the company's pervasive role in national infrastructure, suggesting a business model tied to public spending. The strategic pivot to engineered solutions is presented as a major factor in its recent success. The interview highlights how large, multi-year projects provide a stable pipeline of work. Boland's background in industrial and waste management services provides a unique perspective on running Acrow. The tone is conversational and educational, structured as a CEO fireside chat. The style is interview-based, focusing on business strategy and industry overview. This episode would appeal to investors interested in industrial stocks or companies exposed to government infrastructure spending. Listeners seeking speculative growth stories or technology sector analysis might find it less relevant.

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