Contractor says full-year results should be in line with expectations
Galliford Try has said it expects its results for the full year to be in line with expectations, with its construction and housing operations showing sustained progress.
According to an interim management statement, the contractor has maintained an order book of £1.7bn, of which 87% is made up of public sector and regulated work. Prisons, schools and the infrastructure sector are areas in which Galliford Try has recently won work.
The firm's housebuilding, affordable housing and regeneration divisions have reserved, contracted or completed sales worth £400m, of which £288m is for the current financial year to 30 June 2009. The firm also announced the acquisition of the residential development assets of Hull-based Wright Homes for £7m.