GALLIFORD Try has announced that it expects revenue for the full financial year to be towards the ‘upper end’ of current market expectations.
The group has released a trading update for the half-year from 1 July 2025 to 31 December 2025.
Galliford Try stated that its businesses are performing well, with trading ahead of the prior year and board expectations. The group added that its ‘strong’ market position in its chosen sectors and participation in long-term frameworks – particularly in transportation, education, defence, custodial and health – is well aligned with the UK Government’s future spending plans.
The business also anticipates that adjusted profit before tax will be slightly above the top end of current market expectations.
The average month-end cash for the rolling 12 months ended 31 December 2025 was £189.9 million (year to 30 June 2025: £178.7m) and period-end cash at 31 December 2025 was £211.7 million (31 December 2024: £210m).
An order book of £4.1 billion was described as predominantly in long-term frameworks providing ‘high visibility of future workload’.
Chief executive Bill Hocking said, “We are pleased with our recent framework and project wins as well as the opportunities we continue to see across all our chosen sectors. The group benefits from having a strong balance sheet and a high-quality carefully selected order book, and our ongoing investment in our excellent people continues to build strong project teams to consistently deliver for our clients.
“The group’s businesses have performed well in the first half, supporting further confidence in delivering strong results in the current financial year. We remain focused on driving long-term value creation for all our stakeholders as we deliver our Sustainable Growth Strategy to 2030.”
