GALLIFORD Try has improved its expectations for the current financial year after posting the group’s half-year results for the six months ended 31 December, 2024.
Pre-tax profit is up 53.8% to £20 million compared with the same period 12 months earlier, while revenue has increased by 12.7% to £923.2 million. Net cash stands at £210 million – a slight increase on last year’s £209.2 million figure.
Chief executive Bill Hocking said, “The group’s excellent performance in the first half of the financial year provides increased confidence and improved revenue, margin and profit expectations for the full year. In addition to our continued successes in building and environment we see a pipeline of opportunities across all our chosen sectors.
“Our track record of operational delivery, focused risk management, committed people and established relationships with our supply chain and clients provides consistency to our results. Our recent major long-term framework wins and order book provide clear visibility and security of future workloads well beyond the current financial year and we welcome the government’s commitment to grow the economy by major investment in infrastructure and development.
“Our performance and future outlook give us confidence to improve our expectations for the full year to 30 June 2025 and we are committed to delivering long-term sustainable value for our stakeholders.”
