Galliford Try lifts full-year outlook after 20% profit surge | Construction Enquirer News
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Margins strengthen across Building and Infrastructure as order book hits £4.1bn
With 98% of this year’s orders in hand and improving markets in both building and infrastructure, the contractor said it expected full-year results to exceed market forecasts. Pre-tax profit climbed by nearly 22% to £24m for the six months to 31 December 2025, on revenue up 1.3% to £935m. Chief executive Bill Hocking said: “I’m most pleased to see real margin growth from 2.7% to 3.2% driven by our efforts to drive efficiencies across what we do. “Our continuing strong performance and order book gives us confidence to raise our expectations for the full year to 30 June 2026. We will continue to focus on driving long-term value creation for all our stakeholders in our Sustainable Growth Strategy to 2030. “In addition to the transition to the AMP8 water programme and our continued framework and project successes, we also see further opportunities across all our chosen sectors.” Division trading performance Division Revenue (£m) / % change Ad. op.profit (£m) / % change Op. margin Building 477 (+2.0%) 14.9 (+19%) 3.1% Infrastructure 454 (+0.6%) 15.2 (+24%) 3.3% The group’s order book rose 5% to £4.1bn, with 80% of FY27 revenue already secured. The order book in Building stands at £2.4bn, with 49% in defence and custodial, 19% in education and 14% in facilities management giving solid exposure to government-backed spend. Infrastructure’s order book sits at £1.7bn, including £1.17bn in environment and £547m in highways, where the business has built up a strong workbook of local ...