On the up!17 Sep 2025 08:18
On the up!
"Construction firm Galliford Try hails a "confident outlook" and says it is trading ahead of expectations so far in its new financial year. For the year just ended June 30, Galliford reports revenue growth of 6.3% to GBP1.88 billion from GBP1.76 billion, helping pretax profit more than double to GBP44.1 million from GBP19.2 million. "Galliford Try has continued its progress, achieving a fifth consecutive year of strong financial and operational performance, with an increase in revenue, profit, margin and cash," CEO Bill Hocking says. "With 92% of projected revenue of the current financial year and 75% of FY27 already secured, the government's future spending plans and our aligned sector focus, particularly in AMP8, we are confident in the outlook for the group, in our strategy to 2030 and in our ability to continue to deliver long-term sustainable value for all our stakeholders." Galliford says its order book stands at GBP4.1 billion, up from GBP3.8 billion a year prior. It adds: "Trading momentum has continued into the new financial year, trading slightly ahead of expectations." Galliford ups its final dividend to 13.5p per share from 11.5p. Its total dividend is higher at 19.0p from 15.5p. The firm also announces a new GBP10 million share buyback."