Galliford Try furloughs staff and axes dividend

By Jordan Marshall2020-03-31T10:31:00

Contractor says it can’t provide guidance on annual figures for this year or next

Galliford Try has become the latest contractor to confirm it has begun furloughing staff and will not pay shareholders a previously announced dividend.

In an announcement to the City this morning, the firm said it was working to manage its working capital and preserve its liquidity through the disruption caused by the covid-19 pandemic.

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