Builders and building materials
Galliford Try says trading in line, balance sheet strong
Chief executive Bill Hocking said he was pleased with the company’s first-half performance
Company
Galliford Try Holdings PLC
LON:GFRD
Galliford Try is one of the UK's leading construction groups, working to improve the UK’s built environment and delivering lasting change for the communities it works in. The company's purpose is to improve people’s lives through building the facilities and infrastructure that communities need.
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Builders and building materials
Galliford Try wins eight lots as part of UK Department for Education school building framework
"Education is very much a key sector for our business and a major part of how we intend to deliver our sustainable growth strategy," said chief executive Bill Hocking
Builders and building materials
Galliford Try starting to see benefits of focus on quality and sustainability
Selling off the housing business two years ago gave the new management team a strong balance sheet and a new start
Builders and building materials
Galliford Try encouraged by continuing pipeline of new opportunities
The construction group said it is maintaining a strong cash position with profit margins in line with management expectations
Builders and building materials
Galliford Try's nmcn purchase highlights sustainable growth strategy
The broker has raised its June 2022E profits estimate to £18mln
Builders and building materials
Galliford Try snaps up nmcn's water business for a song
Contractor nmcn entered administration on Monday (4 October)
Builders and building materials
Galliford Try added to key new LHC public sector framework
“We have already delivered a number of high-quality projects through LHC's previous frameworks and we look forward to continuing our relationship with them as they seek to grow throughout the public sector," said chief executive Bill Hockin
Builders and building materials
Galliford Try underpinned by balance sheet strength, says broker
Liberum has a target price of 250p and a ‘buy’ recommendation but of that cash amounts to 148p a share
Builders and building materials
Galliford Try tops expectations as margins continue to improve
"I am very proud of the progress the group has made over the last year," said CEO Bill Hocking, as the company returned to profit
Builders and building materials
Galliford Try improves orders and cash position
All businesses were operating during the interim period
Builders and building materials
Galliford Try says dividend will return with half-year results
The construction group said it is back to profitability in the first half
Builders and building materials
Galliford Try picks up two more framework contracts from Thames Water
Galliford Try anticipates they will be jointly worth up to £60m per annum.
Builders and building materials
Galliford Try holds off on dividend as annual losses persist
The order book stands at £3.2bn, with 90% of the new financial year's target revenue already secured
Builders and building materials
Galliford Try says orders are steady but backdrop too uncertain for guidance
Orders now stand at £3.2bn against £2.9bn at this time a year ago.
Builders and building materials
Galliford Try withdraws guidance and cancels interim divi
Galliford Try's fiscal year runs to the end of June so it has withdrawn guidance for the current fiscal year and the next
Builders and building materials
Galliford Try needs to try a bit harder to reach profit target
The team has a clear path to delivering on its financial targets, the company said in its interim results - clear enough to realise the path is a bit longer than previously thought
Builders and building materials
Galliford Try highlights cash position following housing and land disposals
Average month cash balances are forecast to be £100mln
Builders and building materials
Galliford Try flushed with success in water utility contracts
"We are delighted to have been appointed to these frameworks having established an excellent relationship with Southern Water and Yorkshire Water over previous AMPs."
Galliford Try profits fall as expected due to construction loss
Underlying profit before tax fell 17% to £155.5mln, which was in line with what the market was expecting
FTSE 100 ends higher as fears ease; LSE soars to top spot after Hong Kong merger offer
Meanwhile, FTSE 250, seen as a better indicator of the current state of the UK economy, surged 243.30 points at 19,982.16