UK construction outlook dims, RICS survey finds
20th Apr 2016 10:34
(ShareCast News) - UK construction growth slowed in the first quarter of 2016, according to fresh data, with the rate of private house building slowing to a three-year low. Revealing its research, the Royal Institution of Chartered Surveyors (RICS) said the slowdown in growth had been accompanied by
Read moreCapita and Galliford Try win extension to Salford council JV
14th Apr 2016 08:40
(ShareCast News) - Capita and Galliford Try have been awarded an extension to their technical services joint venture with Salford City Council to 2020 that will add up £90m more in total value. The joint venture, known as Urban Vision, is to provide technical services to the council, efficiencies,
Read moreGalliford says costs of fixing Edinburgh schools 'not material'
12th Apr 2016 07:04
(ShareCast News) - Construction firm Galliford Try said the cost of its exposure to the Edinburgh schools scandal was "not material to the group". The company said it had contractual responsibility for four of the 17 schools that have been closed due to defective building work. It added that remedi
Read moreFTSE 250 movers: Subsiding house builders undermine index
11th Apr 2016 15:35
(ShareCast News) - The FTSE 250 could not match the small rise of its blue chip neighbour index, falling 0.26% on Monday as its property and housebuilding stocks cast a shadow across the mid caps. House builders on the FTSE 250, including Galliford Try, Crest Nicholson, Bellway, Redrow and Bovis Hom
Read moreDirector dealings: Galliford director bought ahead of Edinburgh scandal
11th Apr 2016 14:43
(ShareCast News) - Shares in housebuilder Galliford Try hit their lowest since January last year, caught up in an Edinburgh schools scandal and tracking a sector-wide decline on Monday, despite deputy chairman Peter Ventress dipping into the market to snap up shares. The FTSE 250 company's senior
Read moreGalliford shares slump on Edinburgh schools closure scandal
11th Apr 2016 10:13
(ShareCast News) - Shares in construction firm Galliford Try slumped on Monday as the company found itself caught up in the Edinburgh schools closure scandal. Seventeen schools in Edinburgh built under a £360m private finance initiative deal were closed by city officials due to safety fears over the
Read moreGalliford Try wins school and hospital contract, added to YORbuild2 framework
24th Mar 2016 10:03
(ShareCast News) - Builder Galliford Try has won a place on a major public sector construction framework agreement in the north of England, together with contracts to build a new academy school and an NHS hospital extension in Croydon. The 'YORbuild2' construction framework is a four-year collaborat
Read moreHSBC starts 10 UK housebuilders at 'buy'
17th Mar 2016 09:59
(ShareCast News) - HSBC initiated coverage of UK housebuilders saying the sector offers exposure to an area of real undersupply, with the UK government "largely pulling out all the stops to help". It started Barratt Developments, Bellway, Berkeley, Bovis Homes, Crest Nicholson, Galliford Try, McCart
Read moreGalliford Try to build Forbury Place phase two in Reading
2nd Mar 2016 09:54
(ShareCast News) - Galliford Try announced a new contract win on Wednesday, having been appointed to build the second phase of the Forbury Place development in Reading by clients M&G Real Estate and Bell Hammer. The FTSE 250 housebuilding and construction group said the deal was worth £40m. It was a
Read moreGalliford Try posts record first half profit
25th Feb 2016 10:17
(ShareCast News) - Galliford Try has posted a record profit for the first half of its financial year. The FTSE 250 housebuilder released its interim results for the six months to 31 December 2015 on Thursday. The company's profit before tax jumped 24% from £42.5m the previous year to £52.9m, helped
Read moreSunday share tips: Panmure Gordon, UK housebuilders, Fastforward Innovations
14th Feb 2016 15:48
(ShareCast News) - Sell shares in Panmure Gordon said the Sunday Times' Inside the City column. The broker's historic, 140-year-old brand gives it an advantage but as a specialist in small cap and mid-cap clients companies, it has seen its pipeline for flotations, fundraisings and M&A deals run rath
Read moreGalliford Try sounds upbeat note on first half
13th Jan 2016 07:37
(ShareCast News) - Housebuilding and construction group Galliford Try pointed to solid trading across the board in the first half, as its order book rose in an improving market. In an update for the half year to the end of December, the company said total housing units completed came to 1,603 compar
Read moreJefferies hoists target prices for housebuilding sector
12th Jan 2016 13:37
(ShareCast News) - Jefferies has upgraded house builders Barratt Developments, Berkeley and Galliford Try due to the UK's continued housing shortage outweighing other concerns. The broker said it believes the government's 100,000-a-year target is not achievable with current construction skills short
Read moreBig defence deal for Galliford Try
23rd Dec 2015 07:32
(ShareCast News) - Galliford Try was celebrating a renewed relationship with the Ministry of Defence on Wednesday, having been appointed to two regional frameworks under the Next Generation Estates Contract (NGEC) programme. The two frameworks, procured by the Defence Infrastructure Organisation, co
Read moreGalliford Try confident of meeting full year expectations
13th Nov 2015 07:30
(ShareCast News) - Housebuilding and construction group Galliford Try said it continues to see good market conditions in all of its businesses and remains confident of achieving its expectations for the current financial year. The company said its housing business, Linden Homes, has enjoyed improved
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