Galliford Try profit ‘at upper end’ as contract delays ease

By Joey Gardiner2023-07-11T09:50:00

Boss Bill Hocking says contractor benefiting from increase in award of major framework jobs

Contractor Galliford Try said it is on course to report pre-tax profit for the year to 30 June at the upper end of analyst forecasts after delays in awarding public sector contracts eased in the last six months.

The firm said it had made good progress on integrating acquisitions, including the purchase of collapsed contractor NMCN’s water business, and had benefited from a £26m cash settlement of a long-running legal dispute.

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