Galliford Try Holdings PLC (LSE:GFRD) reported a "strong pipeline of new opportunities" as full-year revenues and profits came in ahead of City expectations.
Focused on the public and regulated sectors, it is sitting on a £3.8 billion order book. "We are confident in the outlook for the current financial year, with 92% of financial year 2025 revenue already secured," said CEO Bill Hocking.
For the year ended June 30, Galliford Try delivered revenues of £1.77bn, up 27% on the year earlier, and pretax profit of £32.7 million, a rise of almost 40%.
It ended the year debt-free and with £227 million on the balance sheet, allowing it boost total dividends by almost 48% to 15.5p, and fund an additional capital return through a £10 million stock buyback.
"Galliford Try has delivered another year of sequential, robust revenue and margin growth," said CEO Hocking.
"Our strong progress, well ahead of plan, provided us with the confidence to reset our ambitions over the mid-term, and to announce our updated Sustainable Growth targets to 2030 at the Capital Markets Event held in May."