Galliford Try posts half-year results

Topic Results, Business

Date 12 Mar 2020

Galliford Try Holdings plc, the parent business of Morrison Construction, has posted its first set of results as a standalone construction business, setting out its vision for how the new company will move forward.

Commenting on the results, Galliford Try Chief Executive Bill Hocking said: “This has been a period of significant change with the successful strategic disposal of the Group’s housebuilding divisions, transforming Galliford Try into a well-capitalised, UK construction-focused business.

"The restructured Group is performing well with a number of recent significant project wins, and I’m pleased to report the results for the first half of the year.

"Galliford Try has continued to maintain a strong pipeline of work in its chosen sectors, with excellent positions on several key frameworks in the public and regulated sectors. We are encouraged by the demand in our sectors and look to further enhance this position through the continued disciplined approach to project selection and rigorous risk management. 

"The Group’s focus remains on safe and efficient project delivery and disciplined bottom line growth. We have a strong executive board and management team who are focused on a values-driven, people-orientated, progressive company, working together to deliver for our clients and stakeholders.  I am confident that our clear strategy will deliver sustainable results.”

For the full results information visit our Investors section here.