Galliford Try continues to steadily progress towards its £1.6bn revenue and 3% divisional operating margin target, and with its strong pipeline the outlook is highly positive in our view. At the risk of sounding repetitive, the current (£205m) market cap is still below the sum of the £180m average month end cash and the £48.3m of PPAs, which seems unjustifiable to us.
03 Mar 2022
Galliford Try - Quick Take - HY Results
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Galliford Try - Quick Take - HY Results
Galliford Try Holdings PLC (GFRD:LON) | 240 0 0.0% | Mkt Cap: 246.4m
- Published:
03 Mar 2022 -
Author:
Oliver Juggins -
Pages:
6
Galliford Try continues to steadily progress towards its £1.6bn revenue and 3% divisional operating margin target, and with its strong pipeline the outlook is highly positive in our view. At the risk of sounding repetitive, the current (£205m) market cap is still below the sum of the £180m average month end cash and the £48.3m of PPAs, which seems unjustifiable to us.