Galliford Try boss leaves to revive struggling housebuilder Crest Nicholson March 26, 2019 Housebuilder Crest Nicholson’s shares soared this morning as it announced its chief executive is to be replaced by the boss of rival construction firm Galliford Try. Crest, whose profits fell 15 per cent last year as Brexit uncertainty hurt its core high-end market, parts ways with CEO Patrick Bergin at the firm’s annual general meeting [...]
Balfour Beatty: UK’s largest construction firm returns margins to ‘industry standard’ March 13, 2019 Balfour Beatty’s turnaround plan has returned the once troubled construction firm to “industry standard” margins, according to chief executive Leo Quinn. The biggest constructor in the UK reported an increase in profits and an order book growing more than a tenth year-on-year in its 2018 results, prompting shares to rise 1.2 per cent in morning trading. [...]
Galliford Try picks up £275m contract to build new Ealing Council base February 18, 2019 Construction firm Galliford Try has been tasked with building a new headquarters for Ealing Council in west London, in a £275m deal. As well as building council offices, the contract also includes building 470 new homes, half of which will be offered at social and London living rent prices, as well as a library. Read [...]
Galliford Try profits rise despite loss-making Aberdeen bypass project February 13, 2019 Construction firm Galliford Try’s shares grew 4.8 per cent in early morning trading today as it announced rising pre-tax profit, but warned a no-deal Brexit could hurt its supply chain. The FTSE 250 firm, known for carrying out the redevelopment of Wimbledon Tennis Club, also said in its interim results it was still trying to break free from [...]
Good news for housing market: Galliford Try expecting record results again July 8, 2015 The figures Construction group Galliford Try is expecting record results once again, according to a trading update released today. The housebuilder expects pre-tax profits for the full year to the end of June to be in the “upper range” of analysts’ range, while net debt will fall to less than £20m. Completions in its housebuilding arm [...]
Galliford Try awarded £360m Silvertown Way development to build 1,100 homes in Canning Town June 30, 2015 Galliford Try has been awarded a contract by the Greater London Authority to build the £360m Silvertown Way development in Canning Town. The project, which will be delivered through its joint venture with Thames Valley Housing Association, will see Galliford Try build more than 1,100 homes, making it the largest standalone housing scheme the company [...]
Galliford Try record revenue and dividend hike is good news for the UK housing market February 18, 2015 The figures Galliford Try has posted another set of record figures. Pre-tax profits at the housebuilder rose 12 per cent to £42.5m in the six months to the end of December, while revenue soared 35 per cent to more than £1bn. It reduced net debt by £50m. The housebuilder and construction firm has hiked its interim [...]
Galliford Try record revenue is good news for the UK housing market February 18, 2015 The figures It's another set of record numbers for Galliford. Pre-tax profits at the housebuilder were up 12 per cent to £42.5m in the six months to the end of December and revenue soared 35 per cent to more than £1bn. It reduced its net debt by £50m. The housebuilder has hiked its interim dividend to [...]
Galliford Try to share in £250m MoD contract December 18, 2014 HOUSEBUILDING and construction group Galliford Try said yesterday it has won a contract with the Ministry of Defence to work on £250m worth of building projects in Scotland. Next Generation Estates Framework is a programme launched by the MoD to replace a mix of management, maintenance and development contracts across the UK defence estate, due [...]
UK house builder Galliford Try wins £250m Ministry of Defence contract in Scotland December 18, 2014 Housebuilding and construction group Galliford Try has won a sizeable contract with a sizeable name: the Ministry of Defence's (MoD) Next Generation Estates Framework for Capital Works Projects in Scotland, which is worth £250m. The deal, which was landed by Galliford's Integrated Solutions business, will run for four years, netting Galliford that £250m in chunks [...]