As hinted at in the brief trading update on 20th January, Galliford Try has coped well with COVID restrictions and has delivered a return to profitability, a return of the dividend (1.2p interim), and an improved cash profile. This hasn't come easily, and is the result of a root and branch overhaul of risk processes, the costs base, and internal monitoring and attitudes. In this period it has also been helped by supportive end markets.
11 Mar 2021
Galliford Try - Interim Results Update
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Galliford Try - Interim Results Update
Galliford Try Holdings PLC (GFRD:LON) | 241 2.4 0.4% | Mkt Cap: 247.5m
- Published:
11 Mar 2021 -
Author:
Oliver Juggins -
Pages:
7
As hinted at in the brief trading update on 20th January, Galliford Try has coped well with COVID restrictions and has delivered a return to profitability, a return of the dividend (1.2p interim), and an improved cash profile. This hasn't come easily, and is the result of a root and branch overhaul of risk processes, the costs base, and internal monitoring and attitudes. In this period it has also been helped by supportive end markets.