Drama in the City as Lord Mayor frontrunner pulls out over ‘criminal proceedings’ facing close associate
As it happened: FTSE 100 soars after Bank of England holds interest rates FTSE 100 Live Welcome back to City AM‘s FTSE 100 liveblog. Investors responded positively to the Bank of England’s widely tipped decision to leave interest rates unchanged at 3.75 per cent on Thursday. Bank of England Governor Andrew Bailey said that volatile energy prices caused by the Iran war will push inflation up further than its current 3.1 [...]
Galliford Try ‘well-positioned’ to benefit from government spending Property Galliford Try has stated that it “welcomes” the government’s ambitions for affordable housing and infrastructure and expects to report a profit ahead of expectations this year. The construction giant, which has 4,300 employees across the UK, operates across the public and regulated sectors – including water, transport and building projects. The company told markets it [...]
Galliford Try shares jump as construction firm reports profit boost Property Shares in Galliford Try rose nearly eight per cent in early trades after the company reported a double-digit jump in revenue. Revenue increased 12.7 per cent to £923.2m in the six months to December 31, while profit before tax rose 22 per cent to £20.5m. The company also reported “increased confidence” and said revenue and [...]
Galliford Try: Shares rise as construction firm continues hot streak January 15, 2025 Galliford Try has continued to its strong streak of performance over recent years, reporting profit and cash ahead of analyst expectations. The construction firm had £210m in cash by the end of 2024, while its order book had grown from £3.7bn to £3.9bn throughout the year, it said in a trading update today. In early [...]
Galliford Try hikes dividend as profit surges October 3, 2024 Galliford Try has reported a more than tripling in annual profit and hiked its dividend as the housebuilder's earnings surpassed analysts' expectations.
Galliford Try wins second contract in two days with £90m Buckinghamshire road September 24, 2024 The new route links the A413 Wendover Road with the Stoke Mandeville Relief Road and includes construction of three roundabout junctions.
Galliford Try nets £400m contract to deliver Wessex Water investment plan September 23, 2024 The UK construction group's environment arm will manage Wessex Water's capital delivery framework, which is valued at £3.7bn.
Galliford Try set to smash profit predictions as it eyes £2.2bn revenue July 11, 2024 Housebuilder Galliford Try said it expects to exceed its profit predictions as its order book continues to grow.
Robust order backlog helps Galliford Try to bumper year March 6, 2024 Galliford Try said pre-tax profits increased in the half year due to an increased demand, and has raised its dividend payout.
Galliford Try raises outlook following bumper year September 20, 2023 Construction firm Galliford Try reported a 12.6 per cent surge in revenues rising up to £1.3bn in its full year results, as the company raises its outlook for the year ahead. The London-listed firm, which builds everything from flats to roads, said statutory profit before tax also rose 87.7 per cent to £10.1m during the [...]