hangon
- 21 Feb 2018 12:39
- 106 of 107
Thanks CC - whilst not getting stock cheaply is a swiz, -it's now almost half the price of March 2017.... maybe you could think of that as a bargain, even if the Inner Circle is getting a better-deal..... You could wait for the Truth-to-Out and hope the sp is matched, as the greedy-boys sell-off whatever then can, creating a Stock-depression? I read that you are waiting until then, so I guess that's what I'd do, if it was one of mine. Good Luck.
On another subject: that By-Pass . . . will be well-used one hopes after so much agro.
It amazes me that firms are willing to Dance-with-Nature when it comes to anything like Construction.... when it is only as it's approached that anyone can know what's there. Even then, it may not remain so - and could change long after the Men+Plant are removed..... but their liability remains.
HARRYCAT
- 12 Sep 2018 10:26
- 107 of 107
StockMarketWire.com
Housebuilder Galliford Try reported Wednesday full-year profits more than doubled, and the company said it was on track to achieve its strategic targets.
For the 12 months to 30 June, pre-tax profit rose 145% to £143.7m, and revenue rose 11% to £3.13bn.
Pre-exceptional profit from operations, which excludes finance costs, tax and Galliford's share of joint ventures' interest and tax, rose 24% to £213.1m.
Performance was held back by an exceptional charge of £45m in the second half of the year, relating to the additional costs on the Aberdeen (AWPR) joint venture after Carillion went bust in January.
Total completions by Linden Homes and Partnerships & Regeneration increased to 6193 units from 5,490 seen last year. Sales order books in Linden Homes and Partnerships & Regeneration stood at £698m.
The construction division entered the new financial year with an order book of £3.3bn, and revenue of £1.69bn, up from £1.53bn last year.
The company said it was on track to achieve its strategic targets for 2021.
The full-year dividend payment was 77.0p, down 10% from 86p a share, owing to a rights issues and a higher dividend cover.
'We have delivered a very strong underlying performance during the year, driven by excellent progress towards our strategic objectives across all three businesses,' said Peter Truscott, Chief Executive.
'Linden Homes continued to prioritise margin growth, benefiting from further standardisation and the robust control of overheads.'
'Partnerships & Regeneration achieved strong growth in both revenue and margin, with excellent contributions from the new businesses in Southampton, Bristol and East Midlands.'
'The underlying Construction business performed well and continues to see a pipeline of suitable opportunities, with new projects delivering improved margins.'
'The rights issue in April has strengthened the balance sheet and ensures that the Group's businesses are well positioned, with the appropriate capital, to deliver on their respective growth opportunities in line with our Strategy to 2021.'