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Galliford Try expects to return to profit, resume dividend in fiscal H1

StockMarketWire.com

UK construction group Galliford Try said it expected to return to profit and resume its dividend in the first half of its fiscal year as productivity remained at near-normal levels during the second national lockdown.

'The board expects the group to return to profitability in the first half of this financial year and a resumption of dividend with the interim results,' the company said.

The group was performing well, in line with the board's expectations, with a first half year average month end cash position toward the upper end of previous guidance of £125m-to-£145m, it added.









Story provided by StockMarketWire.com