Covid helps send Galliford Try further into red

By Dave Rogers2020-09-16T10:33:00

Firm was handed £7m in government support for furloughed staff

Galliford Try has said the covid-19 pandemic is to blame for the firm sliding to a £60m pre-tax loss last year with the firm’s building division bearing the brunt of the crisis.

The firm, which sold its Linden housebuilding and partnerships business to Bovis Homes, now renamed Vistry, at the start of the year, said it had been forced to furlough 1,200 staff during the peak of lockdown which saw dozens of its 250 sites shut down.

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