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Home Business Galliford Try achieves sixth consecutive year of growth

Galliford Try achieves sixth consecutive year of growth

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GALLIFORD Try has reported a 3% increase in revenue to £1,931.1 million for the year ended June 2026. Pre-tax profit is up 24.2% to £55.9 million.

The group revealed the results were driven by strong performance in highways and a successful transition to AMP8 in environment.

Divisional adjusted operating margin has increased from 3% to 3.5% for the period, with Galliford Try also highlighting a debt-free balance sheet, £259 million year-end cash (up 9%), and no pension liabilities.

The group added that it is confident of further progress in financial year 2027, underpinned by a £4.3 billion order book across its chosen growth sectors in water and wastewater, highways, education, defence, custodial, facilities management and health, and growing presence in affordable homes and energy.

Bill Hocking, chief executive, said, “Galliford Try has achieved a sixth consecutive year of growth, with a 3% increase in revenue and more than 20% growth in adjusted profit and earnings per share. Strong cash generation has enabled us to continue investing in the business, to return capital to shareholders and to strengthen our position for future value creation.

“We are making good progress towards our sustainable growth targets for 2030 underpinned by disciplined capital allocation and a clear focus on earnings-accretive growth.

“Our reputation for disciplined risk management, careful project selection and quality delivery continues to underpin our success. Investment in the UK’s critical social and economic infrastructure remains significant. Water, transport, affordable housing, custodial infrastructure and defence are all major national priorities, and as a UK-focused contractor with strong positions across these markets, Galliford Try is well placed to support that investment and help address some of the country’s most pressing infrastructure needs.

“As we look forward, the strength of our markets, our resilient balance sheet, and our disciplined business model give us confidence in the outlook for the group.”