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Galliford sees FY revenue, pretax profit at top end of consensus
Order book at June 30 3.8 bln pounds (Il Sole 24 Ore Radiocor) - London, 11 Jul - The UK construction group Galliford Try said that it expects its full year revenue and pre-exceptionals pretax profit to come in at the top end of analysts' forecasts of 1.436-1.643 billion pounds and 26.7-29.2 million pounds, respectively.
The group said that the strong momentum reported at the half year results continued in the second half of the year.
The year-end cash at June 30, 2024 was circa 227 million pounds and in addition the Group has a circa 42 million portfolio of Public Private Partnership assets, no pensions liabilities and no debt or associated covenants.
The group has a strong order book of 3.8 billion pounds at June 30, 2024, with 92% of revenue secured for the new financial year, the same percentage as a year ago.
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(RADIOCOR) 11-07-24 09:02:20 (0181) 5 NNNN