GALLIFORD Try has hailed a ‘strong’ performance across all operations in the group’s annual results for the year ended 30 June, 2024.
Turnover is up 27.2% to £1.77 billion, while pre-exceptional pre-tax profits increased by almost 40% to £32.7 million. Divisional operating margin increased to 2.5%.
Galliford Try highlighted a ‘confident outlook’ with a £3.8 billion order book and 92% of Financial Year 2025 revenue already secured.
Chief executive Bill Hocking said, “Galliford Try has delivered another year of sequential, robust revenue and margin growth. Our strong progress, well ahead of plan, provided us with the confidence to reset our ambitions over the mid-term, and to announce our updated Sustainable Growth targets to 2030 at the Capital Markets Event held in May 2024.Â
“Our commitment to risk management, careful contract selection and operational excellence underpins the consistent year on year performance and our future prospects. The UK’s planned, and required, investment in economic and social infrastructure continues to support growth in our chosen markets; and our confidence in the group’s outlook is supported by our carefully selected, sector focused, high quality order book which provides visibility and security of future workloads.
“We will continue doing what we said we would do, consistently delivering strong performance – supported by our professional teams, a strong balance sheet, solid order book and excellent supply chain and client relationships.”
