Galliford Try says construction rejig now finished

By Dave Rogers2019-07-17T07:20:00

Investors breathed a sigh of relief this morning after Galliford Try announced no further bad news in its latest trading update.

The firm has been forced into a restructuring at its construction business which will see around 350 jobs go by the end of this month while it has already said its full year results will be hit with £40m of exceptional items including £10m of restructuring costs as well as further losses on its schemes to build a road in Aberdeen and the Queensferry Crossing bridge near Edinburgh.

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