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Galliford Try Holdings PLC on Wednesday said it expects annual profit at the top end of market forecasts as first half ‘momentum’ continued in the second. Shares in the firm were up 6.9% at 577.00 pence each in London, the best FTSE 250 index performer. The construction company expects to report adjusted pretax profit for the financial year that ended June 30 at the higher end of a £51.4 million to £53.4 million analyst forecast range. At best, it would represent a 32% rise from £40.6 million in financial 2025. The Uxbridge, London-based firm estimates revenue rose around 3% from £1.88 billion, meaning about £1.94 billion for financial 2026. ‘Momentum from the first half of the year continued through the second half, and the group expects to report a sixth consecutive year of revenue, profit and cash growth,’ Galliford Try said. ‘We also expect to report consecutive, year-on-year margin progression towards our 2030 margin target of 4.0%.’ The company already achieved a 3.0% divisional adjusted operating margin, previously its target for the year just ended, in financial 2025. Galliford said its order book stands at £4.3 billion, up from £4.1 billion a year prior. Chief Executive Bill Hocking said: ‘I am pleased that all our operations have performed well throughout the year, and we expect to report our sixth consecutive year of revenue, profit and cash growth at our full year results presentation in September. ‘Our reputation for selecting and delivering quality projects together with our financial discipline and balance sheet strength continue to be key to all stakeholders. We support government and regulated investment in the UK’s social and economic infrastructure and affordable housing. As a UK only contractor, our confidence in the future is supported by our high-quality order book, a long-term pipeline of future opportunities in our chosen sectors and our ability to re-invest selectively in earnings-accretive growth opportunities.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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