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    Marcin Karol Wojtal

    Research Analyst at Bank of America

    Marcin Karol Wojtal is an Equity Analyst at Bank of America, specializing in coverage of European industrials and infrastructure companies such as ACS Actividades de Construcción y Servicios SA and 407 ETR. He is recognized for his in-depth analysis of the construction, engineering, and service sectors, regularly engaging with management teams and influencing investor perspective through detailed earnings call inquiries and trend evaluations. Wojtal has built his career at Bank of America within the BofA Securities Research Division, contributing rigorous sector insights since at least 2020. His credentials include expertise in financial modeling and equity research, though specific FINRA licenses or industry awards are not publicly documented.

    Marcin Karol Wojtal's questions to Balfour Beatty plc/ADR (BAFBF) leadership

    Marcin Karol Wojtal's questions to Balfour Beatty plc/ADR (BAFBF) leadership • Q2 2017

    Question

    Marcin Karol Wojtal of Bank of America asked about the drivers for margin improvement in Support Services given the revenue decline, and questioned the company's capacity and potential win ratio for upcoming HS2 tenders.

    Answer

    CFO Philip J. Harrison attributed the margin improvement to cost-cutting in power and gas/water, as well as favorable timing in the gain-share cycle for gas and water contracts. Group Chief Executive Leo M. Quinn expressed strong interest in future HS2 tenders for rail systems and the Crewe extension, stating that the company has been strategically investing in key skills and capabilities to absorb the work.

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