Galliford Try's results continue to affirm the strength of its strategy, market positioning, execution, and risk management. After a strong performance for 1HFY25, full-year guidance to June is again for a beat to expectations with revenue and adjusted profit before tax expected to slightly exceed the top end of market forecasts, currently standing at £1,885.6m and £41.6m, respectively. That is despite a 14.4% hike in the consensus forecast for adjusted profit before tax since January. The company completed its £10m share buyback programme in May including £6.2m repurchased in 2HFY25 yet cash and net cash at YEFY25 still increased to £237.6m from £210.0m at 31 December. The orderbook continues to grow, closing the year at £4.1bn (£3.8bn at YEFY24 and £3.9bn at end 1HFY25) with 90% of revenue already secured for FY26, up from 81% at the interim stage.
