Galliford Try on track to meet expectations after solid start to 2015
13th May 2015 08:14
Housebuilding group Galliford Try said business had been strong across all of its division so far in 2015. In a statement on Wednesday, the London-listed company said it had £982m in sales reserved, £778m of which are due within its financial year to 30 June, contracted or completed across it Linden
Read moreGalliford Try wins two public sector contracts worth £55m
7th May 2015 08:10
Construction group Galliford Try has been appointed to carry out two new building contracts in the education sector worth a combined £55m. The company's building business has reached financial close on the £38m Hull and East Riding batch under the first phase of the government's Priority School Buil
Read moreGalliford Try reshuffles its executive ranks
30th Apr 2015 08:34
Peter Truscott has been appointed as the new chief executive of Galliford Try, the construction and housebuilding company confirmed on Thursday. Truscott, who is currently the head of the South of England operations at housebuilder Taylor Wimpey, will begin his new role on 1 October, replacing outgo
Read moreGalliford Try JV wins £560m deal with Scottish Water
22nd Apr 2015 08:37
Housebuilding company Galliford Try has been appointed as preferred bidder by Scottish Water for its non-infrastructure Quality and Standards IV framework. The FTSE 250 group said that, along with MWH Treatment and Black & Veatch, its infrastructure business will oversee design and build projects fo
Read moreLondon pre-open: Subdued start expected as UK Budget and Fed meeting loom
18th Mar 2015 07:43
UK stock markets are set for a quiet start on Wednesday morning as investors await two key risk events - the UK Budget statement and the Federal Reserve's latest policy decision. City sources predict the FTSE 100 will open more or less flat on Tuesday's close of 6,837.61. "The UK Budget and the FOM
Read moreGalliford Try wins place on £3.9bn public sector framework
18th Mar 2015 07:06
Galliford Try has won a place as one of several companies on a £3.9bn public sector framework contract for the south of England. The FTSE 250 housebuilding and construction group has been picked as one of six contractors who can win jobs across all three parts of the government's Southern Constructi
Read moreGalliford Try wins £160m schools contract under new government model
11th Mar 2015 07:26
Galliford Try has closed on a £160m contract under the government's new private finance aggregator model to build schools in the North East and North Wales. The contract with the Education Funding Agency over the priority school building programme batch for north-east England and with Flintshire Cou
Read moreSector movers: CRH and Balfour Beatty drag construction/materials stocks lower
9th Mar 2015 14:31
Construction and material stocks were under the weather on Monday, with the sector being dragged lower by heavyweights CRH and Balfour Beatty. CRH, which is set to pick up assets worth €6.5bn from Holcim and Lafarge as part of the cement companies' planned merger, was trading 3.5% lower after weeken
Read moreFTSE 250 movers: Centamin lower on Alecto Minerals split, De La Rue strong on potential bid
18th Feb 2015 13:52
Centamin was in the red after revealing it was pulling out of its joint venture with Alecto Minerals in Ethiopia. Results from its 2014 drilling programme, which included 25 diamond drills holes at Wayu Boda, and the analysis of surface work carried out during the year will be handed to Alecto when
Read moreLondon midday: FTSE flat as UK stocks pause at 15-year high
18th Feb 2015 12:16
UK stocks had erased gains and were trading broadly flat by Wednesday lunchtime, though the FTSE 100 held just short of its all-time high on the back of hopes for Greece. The FTSE 100 was up just 0.04% at 6,900.77 by midday, having pulled back after reaching a high of 6,921.32 early on. The last ti
Read moreLondon open: Greek hopes send FTSE to 15-year high as stocks near record levels
18th Feb 2015 08:46
UK stocks were trading at a 15-year high on Wednesday morning, nearing record levels on the back of hopes that Greece will bow into international pressure and request a bailout extension. The FTSE 100 was up 0.2% at 6,913 in early deals. The last time the index has closed above this level was on 30
Read moreGalliford Try sees record performance at half-year stage
17th Feb 2015 08:47
Homebuilder Galliford Try achieved strong revenue and profit growth in the first six months of the year, which allowed management to unveil a 47% boost to its interim dividend pay-out. Interim revenues rose by 35% to reach £1,0854m, driving a 12% gain in profits before tax to £42.5m. Before exceptio
Read moreGalliford Try secures £40m contract in Northampton
12th Feb 2015 14:15
Housebuilding group Galliford Try has secured a £40m contract to build a new headquarters for Northamptonshire County Council. The project, designed by architects BDP, will see 2,000 local authority staff to move into a 189,400 square feet four-storey office. "We are delighted to have been appointe
Read moreGalliford Try secures £31.2m construction project in Scotland
13th Jan 2015 15:14
Galliford Try's Scottish business Morrison Construction has secured a £31.2m contract to build a school in Cumbernauld, North Lanarkshire. The new Greenfaulds High School will form part of the North Lanarkshire Council's Schools and Centres 21 scheme. Galliford will invest an extra £0.7m in the fund
Read moreFTSE 250 movers: Renishaw and construction sector receive boost as mining stocks decline
7th Jan 2015 14:09
Renishaw was rising after it released an unscheduled trading update late on Tuesday. Numis upgraded its profit forecast by 30% and claims that it expects consensus to follow suit. Renishaw also had its "overweight" rating restated by Barclays in a research note issued on Wednesday. The firm announce
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