Galliford Try Pretax Profit Rises, Optimistic on Raising Targets

Galliford Try, a leading UK construction group, has reported a significant increase in pretax profit for the first half of its fiscal year 2025, reflecting the company's strong performance and growth prospects. The company's Chief Financial Officer, Kris Hampson, discussed the results and the company's strategic vision for 2030 in an interview with Proactive's Stephen Gunnion.



Galliford Try's pretax profit for the first half of 2025 climbed 53.8% to £20.0 million, compared to £13.0 million in the same period last year. Earnings per share also increased to 14.7 pence, up from 10.8 pence in the previous year. The company's adjusted profit before tax rose 22% to £20.5 million, while adjusted basic earnings per share increased to 15.7 pence. Revenue grew 12.7% to £923.2 million, driven by growth across operations.

The company's Board of Directors declared an interim dividend of 5.5 pence per share, a 37.5% increase from last year. The dividend will be paid on April 11 to shareholders on the register at the close of business on March 14.

Looking ahead, Galliford Try now projects revenue and adjusted profit before tax to be above the top end of the range of current market expectations for the full year ending June 30, 2025. The company's strong trading performance and momentum have improved its confidence in the financial year.

By 2030, Galliford Try continues to project revenue growing to in excess of £2.2 billion, maintaining disciplined contract selection and robust risk management in resilient market sectors. The company aims to increase its adjusted divisional operating margin to 4% through a focus on both top and bottom line growth and accelerated growth in higher-margin adjacent market businesses.

Galliford Try's strategic targets for 2030 include a 4% adjusted divisional operating margin and continued expansion in infrastructure, water, and specialist high-margin markets. The company has secured all its target places on new and existing water structure frameworks, totalling 55, and noted that "more than 90% of our work is for the government or regulated sectors," emphasizing the company's long-term stability and growth prospects.

Watch the full interview with Galliford Try's Chief Financial Officer Kris Hampson to gain insights into the company's financial strength, order book growth, and how it is positioned to benefit from government-led infrastructure investments. For more videos like this, visit Proactive's YouTube channel and don't forget to like, subscribe, and enable notifications for future updates!

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