Saintserf
- 13 Feb 2006 16:33
I have decided to attempt to start a thread on GFRD. On the basis that it is possibly the most boring looking share on the ftse. And has the most stupid name like a racehorse.
goldfinger
- 04 Jun 2009 08:46
- 6 of 9
New broker Buy out in the last 48 hours...
Galliford Try PLC
FORECASTS
2009 2010
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
Arbuthnot Securities
02-06-09 BUY 24.00 4.43 1.45 19.00 3.51 1.45
HARRYCAT
- 16 Sep 2014 08:30
- 7 of 9
StockMarketWire.com
Housebuilding and construction group Galliford Try continued to deliver record results from its disciplined growth strategy in the year to the end of June.
Group revenues rose by 21% to £1.768m and pre-tax profits rose to by 28% to £95.2m.
The group also reports record earnings per share, increasing by 32% to 94.6 pence while the return on net assets improved to 20.8%.
Chief executive Greg Fitzgerald said: "We have made excellent progress during the year against our strategy of disciplined growth with principal focus on margin.
"Linden Homes achieved an improved margin, ahead of our expectations, and significantly stronger average selling prices, reflecting the quality of our homes, our prime locations and the backdrop of improved consumer confidence.
"As we have gone through the quieter summer period, sales have been in line with our expectations."
The group said 2014 represented the first year of implementation of the board's five year disciplined growth strategy following the very significant and successful expansion of housebuilding achieved in the three years to June 2012.
It said record group profit before tax and earnings per share reflected the strong performance of the housebuilding division and represent good progress against our objective of increasing Linden Homes' operating margin towards 18% by 2018. The group said its housebuilding business is improving its margin performance through maximising the efficiency and effectiveness of its operations. We have successfully realigned our partnerships business within our housebuilding division and are excited about the long term growth opportunities in affordable housing markets.
In parallel, the construction business is working hard to protect its margin on contracts won in more difficult times, whilst focusing on a disciplined growth in our order book as conditions improve.
And it says there are encouraging signs in both the housebuilding and construction markets that give the Board continued confidence in the Group's prospects for the forthcoming financial year. The continuing strong performance has enabled the Board to recommend a further significant increase in the final dividend, up 43% for the full year, payable to shareholders in November 2014, in line with our progressive and sustainable policy.
HARRYCAT
- 16 Sep 2014 08:39
- 9 of 9
Ah, cheers for that. I thought this one was looking a bit thin!