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Galliford Try ‘confident’ in full-year outlook amid early wins

ALN

Galliford Try Holdings PLC on Thursday said it is trading in line with the company’s full-year expectations as it reported early first-half gains.

Following an increase in revenue, profit, operating margin and cash reported in its financial 2025 results, the Uxbridge, London-based construction firm said the ‘positive momentum’ has continued into the current financial year.

Galliford Try said it has secured 92% of projected revenue for the current year and 75% of projected revenue for financial 2027.

The company said its transition from the seventh to eighth asset management period has continued ‘as expected’ over the first half. AMP 8 is the UK’s Water Services Regulation Authority’s 2025-30 price review period.

In October, Galliford Try announced its Building business had been appointed to a £3.0 billion affordable homes framework by The Hyde Group. The framework runs for five years and is targeting building 1,500 homes per year during that period.

Looking ahead, Galliford Try said it is ‘confident’ in meeting its objectives for the financial year.

‘Our strong market position in select sectors - particularly in the water industry - is well aligned with future government infrastructure spending plans,’ the company added.

Shares in Galliford Try rose 1.2% to 493.79 pence on Thursday afternoon in London.

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