GALLIFORD TRY PLC LS-,50

Galliford Try’s shares rose about 6.5% to 575.2p after the company said in a trading update that adjusted profit before tax for 2026 is expected to be at the upper end of market expectations. Management confirmed its strategy to improve margins and maintain disciplined order‑book management, prompting a re‑rating of the stock. Additional drivers included an investor visit to Southern Water, JPMorgan Asset Management crossing a disclosure threshold, and winning a framework contract (YORbuild Major Works 2) worth £1.5bn, which pushed the shares close to their 52‑week high. » Więcej na de.investing.com

Galliford Try has been awarded a £750m framework contract by the Sovereign Network Group to build affordable homes. The deal will support the delivery of more than 2,000 units a year in southern England; Galliford Try secured medium- and high-value lots across several regions. The award follows recent appointments under a framework with the Hyde Group and a project for the Clarion Housing Group. » Więcej na de.investing.com

Galliford Try generated revenue of £934.9m (+1.3%) and an adjusted operating profit of £21.6m (+22%) for the half‑year to 31 December 2025. Adjusted undiluted earnings per share rose to 18.6p (+18.5%) and the interim dividend was increased to 6.5p (+18.2%). The company highlights strategic expansion in the water sector, a strong cash position with no bank debt, and reported a post‑release share price rise to 550p. For 2026/27 Galliford Try expects EPS of 0.51 and 0.52 respectively and projected revenue based on the existing order book and framework contracts. » Więcej na de.investing.com