High winds blow £40m hole in Galliford profit as new boss prepares to cut back construction

By Dave Rogers2019-04-16T08:44:00

Firm hit by increased costs on Queensferry Crossing scheme

Galliford Try became the second major contractor in as many days to announce a review of its business with the firm saying it is now running the rule over its £1.7bn construction arm.

New chief executive Graham Prothero told the City this morning that the firm has now begun to look at slimming down the size of its construction operation.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community