Galliford Try wins contract with Network Rail
9th Sep 2014 08:06
Housebuilding and construction group Galliford Try has been appointed to do building enhancements and property improvements across three of Network Rail Infrastructure Project's control period five (CP5) frameworks, which are valued at up to £250m over the next five years. The group's recently acqui
Read moreLondon pre-open: UK stocks to edge higher ahead of economic data
3rd Sep 2014 07:46
UK stocks were expected to open slightly higher on Wednesday after three straight days in positive territory. However, gains were likely to be limited ahead of a raft of economic data, including services purchasing managers' indices (PMIs) from the Eurozone and UK, Eurozone retail sales and US fact
Read moreGalliford Try wins two housing contracts worth £106m
3rd Sep 2014 07:12
Housebuilding and construction firm Galliford Try has been awarded two new affordable housing contracts worth a combined £106m. Galliford Try's Partnerships business has won its largest-ever single project, being selected by Notting Hill Housing to build the £81m Great Eastern Quays project in East
Read moreFriday broker round-up UPDATE
8th Aug 2014 10:19
African Minerals: Canaccord Genuity cuts target price from 170p to 150p, while keeping its buy recommendation. AMEC: Credit Suisse reduces target price from 1250p to 1150p retaining a neutral rating. Nomura reduces target price from 1450p to 1250p staying with its buy recommendation. UBS cuts targe
Read moreLondon pre-open: Strong session in Asia to lift FTSE early on
22nd Jul 2014 07:45
Tracking gains seen in Asia overnight, UK stocks are expected to recover from yesterday's losses with a rise of around 25 points above yesterday's close of 6,728.44. Growing geopolitical tensions in both Russia and Gaza pushed both UK and US stocks into the red in yesterday's session. The continue
Read moreGalliford Try reaches financial close on two construction contracts
22nd Jul 2014 07:24
Galliford Try's Miller Construction business has reached financial close on two education contracts worth a combined £50.8m. The FTSE 250-listed group will construct the new Inverness Royal Academy as part of a £35.4m project and the Noss Primary School in Wick in a £15.4m project for Hub North Sc
Read moreMayor Boris Johnson drives new laws to release London land for housing
15th Jul 2014 14:38
UK housebuilders are optimistic that the Mayor of London, Boris Johnson, can push legislation through parliament that will accelerate the release of public land in the capital to build new homes. Currently in the rest of England outside London, the Homes & Communities Agency, the national housing a
Read moreFTSE 250 movers: Ashmore lifted by strong set of fourth quarter results
10th Jul 2014 15:52
Much stronger net inflows and a better investment performance helped emerging markets asset manager Ashmore beat consensus forecasts for fourth-quarter assets under management and arrest the previous quarter's decline. Assets under management increased 7% during the quarter to $75bn, having declined
Read moreGalliford Try acquires Miller Construction for £16.57m
10th Jul 2014 09:02
FTSE-250 construction group Galliford Try has acquired Miller Construction as part of its strategy to boost growth in its construction business. The acquisition, which was worth £16.57m, is expected to be earnings enhancing from June 2015. The firm said the transaction is anticipated to lift the
Read moreGalliford Try to deliver profit at the upper end of expectations
9th Jul 2014 09:40
Construction group Galliford Try has revealed its full-year earnings are set to be at the upper end of analysts' estimates of £93m-£95m. It said its Linden Homes housebuilding division had performed strongly on higher prices and an increased margin, with a 15% jump in private sale prices to £305,0
Read moreLondon pre-open: Modest rise ahead of another quiet day
8th Jul 2014 07:40
London's blue chips are set for a modest rise at today's opening bell, reversing some of yesterday's declines ahead of what is set to be another fairly quiet day in terms of both economic and equity news. City sources predict the FTSE 100 will open around seven points higher than yesterday's clos
Read moreGalliford Try selected for three regions of new UK education agreement
8th Jul 2014 07:09
Housing and construction group Galliford Try has been selected by the Education Funding Agency (EFA) for three regions of the new EFA Regional Framework, which is for the refurbishment and rebuilding of school buildings around the UK. The contracts have a combined pipeline worth a projected £3.25b
Read moreGalliford Try appointed to Education Funding Agency panel
30th Jun 2014 08:16
Construction group Galliford Try been appointed to the panel of the Education Funding Agency (EFA) for the £35.7m Hull and East Riding first batch of schools under the Priority Schools Building Programme. The appointment marks the group's first success since its appointment to the EFA's main Contr
Read moreFTSE 250 movers: Housebuilders jump following new BoE measures
26th Jun 2014 15:16
Housebuilders and related stocks including Redrow, Countrywide, Taylor Wimpey and Galliford Try leapt as investors reacted postively to the new Bank of England measures to cool the housing market. Alastair Stewart from Westhouse Securities said that the measures were "less draconian than many observ
Read moreGalliford Try scores four contracts for Building business
26th Jun 2014 08:00
The Building business of FTSE 250-listed Galliford Try has landed four new contracts worth a total of £82m. The biggest of these is with the Brewery Square Development Company, which as appointed Galliford Try to complete the next phase of the Brewery Square regeneration project in Dorchester in a
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