Firm’s order book hits £3.4bn

Galliford Try has said business was in line with expectations in the first six months of the year, in a trading update this morning.

The firm said it will book one-off acquisition and integration costs following its deal to buy collapsed contractor NMCN’s water business last October for £1m.

Average month-end cash for the six months to December 2021 was £180m, up from the £164m posted in the year to last year. Period end cash was flat at £210m.

The firm’s order book stands at £3.4bn with recent wins including landing a place on the Department for Education 2021 construction framework and a the £55m scheme to build a community centre in Galashiels for Scottish Borders Council

Galliford Try will release its interim results on 3 March.

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