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Galliford Try PLC (GFRD.L)

GFRD.L on London Stock Exchange

635.00GBp
13 Dec 2018
Change (% chg)

7.00 (+1.11%)
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628.00
Open
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67,285
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Latest Key Developments (Source: Significant Developments)

Galliford Try Appointed To 8 Bln Stg Highways England Framework
Wednesday, 7 Nov 2018 08:05am EST 

Nov 7 (Reuters) - Galliford Try PLC ::GALLIFORD TRY APPOINTED TO £8BN HIGHWAYS ENGLAND FRAMEWORK.FRAMEWORK, WHICH REPLACES CURRENT COLLABORATIVE DELIVERY FRAMEWORK, IS WORTH A TOTAL OF £8.7BN AND WILL RUN FOR SIX YEARS.  Full Article

Galliford Try Says Final Costs For AWPR Contract Up By About 20 Mln Stg​
Wednesday, 7 Nov 2018 08:00am EST 

Nov 7 (Reuters) - Galliford Try PLC ::GROUP EXPECTS TO REPORT A FY 2019 PRE-EXCEPTIONAL PROFIT BEFORE TAX IN LINE WITH PREVIOUS GUIDANCE.GROUP EXPECTS TO REPORT A FY 2019 PRE-EXCEPTIONAL PROFIT BEFORE TAX IN LINE WITH PREVIOUS GUIDANCE.AVERAGE NET DEBT FOR FY 2019 IS EXPECTED TO REMAIN IN PREVIOUSLY GUIDED RANGE OF £170M TO £190M.SALES RATES ARE LOWER THAN LEVELS ACHIEVED IN FY 2018.ON AWPR, COMPLETION DATE FOR FINAL SECTION EXPECTED TO BE IN DEC OWING TO INCREASED COMPLEXITY, ATHER DELAYS IN IMPLEMENTING REPAIRS TO BRIDGE.ON AWPR, ETIMATE OF FINAL COSTS TO COMPLETE CONTRACT HAS INCREASED BY APPROXIMATELY £20M.UNDERLYING CONSTRUCTION BUSINESS CONTINUES TO TRADE IN LINE WITH EXPECTATIONS.PRICES AND MARGINS REMAIN IN LINE WITH EXPECTATIONS AND BUSINESS EXPECTS TO ACHIEVE ITS TARGETS FOR FULL YEAR.LINDEN HOMES BUSINESS EXPECTS TO ACHIEVE ITS TARGETS FOR FULL YEAR.  Full Article

Blackrock Raises Stake To 13.39 Pct In Galliford
Monday, 24 Sep 2018 01:00pm EDT 

Sept 24 (Reuters) - BlackRock Inc ::BLACKROCK, INC. RAISES STAKE TO 13.39 PERCENT FROM 11.89 PERCENT IN GALLIFORD TRY PLC - FILING.  Full Article

Balfour Beatty's HY Underlying Oper Profit Rises 69 Pct
Wednesday, 15 Aug 2018 02:12am EDT 

Aug 15 (Reuters) - Balfour Beatty Plc ::H1 UNDERLYING PRETAX PROFIT FROM CONTINUING OPERATIONS 56 MILLION STG VERSUS 22 MILLION STG YEAR AGO.INTERIM DIVIDEND UP 33 PERCENT TO 1.6 PENCE PER SHARE.HY UNDERLYING PROFIT FROM OPERATIONS (PFO) INCREASED BY 69% TO £66 MILLION.HY ORDER BOOK INCREASED 11% TO £12.6 BILLION (2017: £11.4BN).HY TOTAL PRETAX PROFIT 50 MILLION STG VERSUS 12 MILLION STG YEAR AGO.BUSINESSES ARE NOW EITHER ACHIEVING INDUSTRY STANDARD MARGINS OR ON TRACK TO DO SO IN SECOND HALF.GROUP'S FULL YEAR EARNINGS WILL MEET EXPECTATIONS.RAISING INTERIM DIVIDEND BY 33% AND PLAN TO REPAY OUTSTANDING CONVERTIBLE BONDS THIS YEAR.HY TOTAL REVENUE 3.84 BILLION STG VERSUS 4.20 BILLION STG YEAR AGO.FOR INFRASTRUCTURE INVESTMENTS, DURING PHASE TWO OF BUILD TO LAST, GROUP WILL CONTINUE TO SELL ASSETS.CO AND ITS REMAINING JV PARTNER ON AWPR PROJECT, GALLIFORD, BECAME JOINTLY LIABLE TO DELIVER CARILLION'S REMAINING OBLIGATIONS.GROUP NOW HAVING A 50% INTEREST IN AWPR CONTRACT.IN FIRST SIX MONTHS OF YEAR, BALFOUR BEATTY RECOGNISED AN ADDITIONAL £23 MILLION LOSS ON AWPR PROJECT.OVERALL, TRADING ENVIRONMENT FOR BALFOUR BEATTY'S CHOSEN MARKETS AND CAPABILITIES REMAINS FAVOURABLE.IN UK, GOVERNMENT POLICY IS HELPING TO DRIVE A STRONG PIPELINE OF MAJOR INFRASTRUCTURE PROJECTS IN TRANSPORT AND ENERGY.AT THIS STAGE BALFOUR BEATTY HAS NOT SEEN AN IMPACT FROM BREXIT BUT REMAINS VIGILANT TO RESPOND TO ANY CHANGES IN MARKET CONDITIONS.  Full Article

Galliford Says FY Outlook In Line With Management Expectations
Tuesday, 17 Jul 2018 02:00am EDT 

July 17 (Reuters) - Galliford Try PLC ::EXPECTS TO REPORT STRONG PRE-EXCEPTIONAL FULL YEAR RESULTS, IN LINE WITH PREVIOUS GUIDANCE.OUTLOOK FOR CURRENT FINANCIAL YEAR REMAINS IN LINE WITH MANAGEMENT'S EXPECTATIONS.CONTINUE TO ANTICIPATE A FURTHER EXCEPTIONAL CHARGE IN SECOND HALF, IN LINE WITH PREVIOUS GUIDANCE.ABERDEEN WESTERN PERIPHERAL ROUTE JOINT VENTURE CONTINUES TO MAKE PROGRESS ON SITE.CONTINUES TO MAKE GOOD PROGRESS AGAINST ITS GROWTH PLANS TO 2021 ACROSS ALL THREE BUSINESSES.  Full Article

Galliford Says To Discuss To Minimise Impact Of Carillion Bankruptcy On Aberdeen Contract With Scotland
Monday, 15 Jan 2018 06:04am EST 

Jan 15 (Reuters) - Galliford Try Plc ::‍NOTES ANNOUNCEMENT BY CARILLION PLC THIS MORNING​.‍GROUP IS IN JOINT VENTURE WITH CARILLION AND BALFOUR BEATTY ON £550 MILLION ABERDEEN WESTERN PERIPHERAL ROUTE CONTRACT​.GALLIFORD TRY - ‍TERMS OF CONTRACT ARE SUCH THAT REMAINING JOINT VENTURE MEMBERS, BALFOUR BEATTY AND GALLIFORD TRY, ARE OBLIGED TO COMPLETE CONTRACT​.‍CURRENT ESTIMATE OF ADDITIONAL CASH CONTRIBUTION OUTSTANDING FROM CARILLION TO COMPLETE PROJECT IS £60-80 MILLION​.GALLIFORD TRY - ‍COMPANIES WILL DISCUSS POSITION URGENTLY WITH OFFICIAL RECEIVER OF CARILLION AND TRANSPORT SCOTLAND, TO MINIMISE ANY IMPACT ON PROJECT​.‍HAS NO OTHER SIGNIFICANT CONTRACTS OR PROJECTS WITH CARILLION​.  Full Article

Galliford Try Signs Contracts For A New Student Accommodation Block In Cardiff
Tuesday, 5 Dec 2017 09:46am EST 

Dec 5 (Reuters) - Galliford Try Plc ::GALLIFORD TRY PLC - HAS SIGNED CONTRACTS WITH MACE DEVELOPMENTS TO CONSTRUCT A NEW STUDENT ACCOMMODATION BLOCK IN CARDIFF.  Full Article

Galliford Try's building division for education building framework contract
Thursday, 16 Nov 2017 02:48am EST 

Nov 16 (Reuters) - Galliford Try Plc :GALLIFORD TRY PLC - CONTRACT.GALLIFORD TRY - SAYS ITS BUILDING DIVISION HAS BEEN AWARDED ALL SIX LOTS THAT IT BID FOR ON EDUCATION AND SKILLS FUNDING AGENCY'S SCHOOL BUILDING FRAMEWORK​.‍APPOINTMENT INCLUDES A MIX OF HIGH-, MEDIUM- AND LOW-VALUE PROJECTS THROUGHOUT ENGLAND, WORTH UP TO £3.1 BILLION IN TOTAL​.  Full Article

Galliford Try ‍sees good market conditions across its three businesses​
Friday, 10 Nov 2017 02:00am EST 

Nov 10 (Reuters) - Galliford Try Plc ::‍GALLIFORD TRY CONTINUES TO SEE GOOD MARKET CONDITIONS ACROSS ITS THREE BUSINESSES​.‍"CONTINUES TO SEE GOOD MARKET CONDITIONS ACROSS ITS THREE BUSINESSES​" - CEO.  Full Article

Galliford names managing director of rail, aviation & environment business
Wednesday, 11 Oct 2017 05:45am EDT 

Oct 11 (Reuters) - GALLIFORD TRY PLC ::‍CHRIS SCOFFIELD APPOINTED MANAGING DIRECTOR OF RAIL, AVIATION & ENVIRONMENT BUSINESS UNIT WITHIN INFRASTRUCTURE DIVISION FROM NOV 1​.  Full Article

UPDATE 1-Galliford warns of more costs to build Aberdeen ring road

Nov 7 Construction firm Galliford Try Plc expects to spend 20 million pounds ($26.3 million) more to complete the Aberdeen Western Peripheral Route contract, it said on Wednesday, as some repairs get delayed by bad weather.