Galliford Try warns on margins

By Dave Rogers2020-07-15T06:30:00

Firm says productivity on sites now normalising

Galliford Try has said margins will be off by around 5% this year because of the lockdown caused by the covid-19 pandemic.

In a trading update ahead of its annual results being released in September, the firm, which is building a new £54m women’s prison at Stirling and new £85m flats for developer Argent Related at Tottenham Hale in north London, said productivity on its sites was now normalising.

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