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Galliford Try PLC (GFRD.L)

GFRD.L on London Stock Exchange

1,464.00GBp
25 Apr 2017
Change (% chg)

-7.00 (-0.48%)
Prev Close
1,471.00
Open
1,477.00
Day's High
1,482.00
Day's Low
1,464.00
Volume
219,506
Avg. Vol
331,326
52-wk High
1,592.00
52-wk Low
739.86

Latest Key Developments (Source: Significant Developments)

Galliford Try confirms it approached Bovis and proposed all share merger
Monday, 13 Mar 2017 03:00am EDT 

Galliford Try: Statement re Bovis Homes Group . Confirms that it has approached board of Bovis and has proposed an all share merger between Galliford Try and Bovis . Proposed to Bovis that equity in combined group would be split 52.25% to Galliford Try shareholders and 47.75% to Bovis shareholders . Offer valued entire issued equity of Bovis at £1,191m or 886p per share . Under proposal, Galliford shareholders would receive interim dividend announced on 21 February 2017 to be paid on 6 April 2017 .Under proposal, Bovis shareholders would receive Bovis recommended final dividend announced on 20 February 2017.  Full Article

UK builder Galliford Try H1 profits rise, sees more growth ahead
Tuesday, 21 Feb 2017 02:06am EST 

Galliford Try Plc : Interim dividend 32 penceper share . Strong first half performance with profit before tax up 19% to £63.0 million, eps up 19% to 61.9p and interim dividend up 23% to 32.0p reflecting confidence in full year outlook. . Net debt of £113.8 million (h1 2016: £95.7 million), in line with expectation. . Strategy to 2021 targeting sustainable growth and strong returns across all three businesses. . Targets include 60% growth in profit before tax to fy 2021, a five year cagr 3 on dividend of at least 5% and a return on net assets 2 in fy 2021 of at least 25%. . Revenue of £742.0 million (h1 2016: £738.6 million), with cash balance of £110.8 million (h1 2016: £154.7 million) reflecting delayed cash flows on some legacy projects. . 2021 financial targets include revenue of £1.8 billion, operating margin of at least 2% and net cash of £200 million. . I am pleased that we are able to announce an interim dividend of 32 pence per share, in line with our sustainable and progressive policy. . Over last 16 months we have focused on enhancing strengths of each business, to build a solid platform for further disciplined and profitable expansion. . We continue to see robust demand and pricing in residential markets, . Profit before tax £63.0m up 19pct .Revenue 1 £1,308m h1 up 3 percent.  Full Article

Galliford Try PLC declares interim dividend
Thursday, 25 Feb 2016 02:00am EST 

Galliford Try PLC:Declared interim dividend of 26.0 pence per share (H1 2015: 22.0 pence) which will be paid on April 7, 2016 to shareholders on register at close of business on March 29, 2016.  Full Article

Galliford Try plc appointed to education projects worth £85 million
Tuesday, 15 Dec 2015 02:00am EST 

Galliford Try plc:Says that it has been appointed to two new contracts within the education sector, worth a combined total of £85 million.  Full Article

Galliford Try PLC announces contract
Tuesday, 6 Oct 2015 02:00am EDT 

Galliford Try PLC:Says its Morrison Construction business has been appointed preferred contractor by Hub South East Scotland Ltd on behalf of NHS Lothian for the 72 million pounds construction of the new East Lothian Community Hospital in Haddington, East Lothian.  Full Article

Galliford Try PLC says Change of Chief Executive
Thursday, 1 Oct 2015 02:00am EDT 

Galliford Try PLC:Says pleased to confirm that Peter Truscott has today joined the Group as Chief Executive.  Full Article

Galliford Try PLC proposes final dividend
Wednesday, 16 Sep 2015 02:00am EDT 

Galliford Try PLC:Proposes final dividend of 46 pence per share, an increase of 21 pct.Says final dividend will be paid on Nov. 25, to shareholders on register at Oct. 23.  Full Article

Galliford Try PLC receives contract
Tuesday, 4 Aug 2015 02:01am EDT 

Galliford Try PLC:Says it has been appointed by developer ACDL (a joint venture between Miller Developments and Pro Vinci Asset Management) to deliver the first phase of the new Arena Central scheme in central Birmingham.Says the 66 million pounds contract covers the construction of the two Arena Central building which will include 210,000 sq ft of office space to accommodate over 2,500 people.  Full Article

Galliford Try PLC announces re contract
Monday, 3 Aug 2015 02:00am EDT 

Galliford Try PLC:Says its Morrison Construction business has achieved financial close on the 55.75 mln Pounds hub North Scotland contract for Shetland Islands Council to build new Anderson High School.Morrison Construction will carry out construction of the new four-storey high school for up to 1,180 pupils and three-storey 100-bed residential block and associated infrastructure works, providing a replacement for the existing high school on Clickimin site in Lerwick, Shetland.In addition Galliford Try Investments will invest 1.7 mln Pounds in funding for project.  Full Article

Galliford Try PLC reaches financial close on 48.5 million pounds priority school building batch
Tuesday, 28 Jul 2015 02:00am EDT 

Galliford Try PLC:Says that it has reached financial close with Education Funding Agency for 48.5 million pounds North and North East Lincolnshire batch of schools in priority school building programme.  Full Article

More From Around the Web

UK builder Galliford ends 1.2 billion pound Bovis takeover attempt

LONDON British housebuilder Galliford Try on Wednesday pulled out of a 1.2 billion pound ($1.5 billion) attempt to buy rival Bovis after the two failed to agree on price, leaving Bovis to pursue a turnaround under a new chief executive.