Galliford Try Holdings PLC (LSE:GFRD) chief financial officer Kris Hampson talked with Proactive’s Stephen Gunnion about the company’s strong performance in its full-year 2025 results and confidence in its strategic targets for 2030.
Hampson said, “The simple message is that the messages of H1 have continued,” highlighting robust activity across Galliford Try’s building and infrastructure divisions. He noted strong demand in education, custodial, and defence sectors, alongside significant progress in highways and environmental projects, aided by favourable weather.
Galliford Try has secured an order book of £4.1 billion, with 92% of 2026 revenue already secured and 75% secured for 2027—up five percentage points from the previous year. Hampson attributed this visibility to a high proportion of framework-based work in the public and regulated sectors, which he described as “non-cyclical” and resilient.
The company recently announced its participation in a civil engineering lot under a new National Grid high-voltage network framework, marking a strategic extension into the energy sector. Hampson explained that sustainable growth remains central to Galliford Try’s 2030 strategy, which aims for consistent increases in revenue, profit, and cash.
Having achieved its interim margin target of 3% a year early, Hampson outlined four key drivers to reach 4% by 2030: increased volumes, improved contracting environments, ongoing operational improvements, and growth in higher-margin specialist services.
While a temporary revenue growth flattening is expected in 2026 due to the AMP7 to AMP8 transition in the water sector, with margin expansion and increased profitability in line with 2030, Hampson emphasised AMP8’s scale and long-term potential, stating, “AMP8…is about £105 billion, so double AMP7.”
Galliford Try remains confident about its medium-term outlook, citing strong margin progression and a healthy project pipeline well into 2028.
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