Galliford Try Reports Improved Financial Performance for FY26
Galliford Try Holdings plc reported a sixth consecutive year of financial improvement, with revenue rising by 3% to £1.93 billion and adjusted profit before tax increasing by 24% to £55.9 million in the fiscal year ended 2026. The company's divisional operating margins improved to 3.5%, driven by stronger performance from its Building and Infrastructure divisions. The construction group also demonstrated strong cash generation, with year-end cash up 9% to £259 million. Galliford Try announced a new £15 million share buyback program and raised its full-year dividend by 23.5% to 23.5 pence per share. Management expressed confidence in continued growth for 2027, citing an expanding order book and opportunities across water infrastructure, specialist services, and affordable housing. CFO Kris Hampson attributed the profit outpacing revenue growth to commercial discipline, improved contract terms, a risk-managed order book, and stronger performance from its specialist divisions. The company remains on track toward achieving its 2030 operating-margin target of 4%.
Topics: construction dividend_increase profitability revenue_growth share_buyback