Galliford Try

Galliford Try is on course to return to profit in its current financial year, the company said in a trading update this morning. In the six months to 31 December, and through the lockdown periods, the contractor has managed to operate at what it said was “normal levels”. As a…

Balfour Beatty, Kier and Morgan Sindall are among the winners on a £10.5bn NHS Shared Business Services framework. The major new framework is divided into five lots and covers all types of building and construction work, design, alteration and refurbishment. It is open for use by the NHS and all…

Morgan Sindall and Willmott Dixon are among the winners on a new £2.1bn Constructing West Midlands framework. Solihull and Sandwell councils, as well as Acivico, a Birmingham city council-owned design, construction and facilities management specialist are behind the new framework to deliver capital building works and repair and maintenance. Open…

More than a third of shareholders disapproved of Galliford Try executive pay deals at the company’s annual general meeting. The main point of contention is understood to be the bonus package awarded to finance director Andrew Duxbury (pictured). Shareholder advisory firm ISS said too much of Duxbury’s £250,000 bonus was…

Galliford Try expects to record a profit for the second half of 2020 as productivity returns to what it claimed was “near normal levels”. After reporting a pre-tax loss of £34.6m in its last financial year ending 30 June 2020, the company said it expects to be profitable in the…

Wates topped the October contracts league thanks to a big job for the University of Oxford, while the total value of contract wins dropped by £780m. The contractor was confirmed on the £202m Life and Mind Building (pictured), according to construction intelligence provider Glenigan. The research and teaching facility, housing…

Galliford Try, Interserve and Murphy have been appointed on Thames Water’s £4bn AMP7 framework. AMP7 is the utility firm’s five-year round of spending, running from 2020-2025. Works delivered through the framework will include both clean and wastewater projects, schemes to provide additional resilience to water supplies, and protecting and enhancing…

Galliford Try bosses believe the company has the right level of cash in the bank to weather industry uncertainty, its finance director has said. The firm reported a £59.7m pre-tax loss this morning for the financial year ended 30 June 2020, which it put down to the impact of the…

Galliford Try made a pre-tax loss of £59.7m in its financial year to 30 June 2020 as it took a hit due to the coronavirus crisis. The firm, which sold its Linden Homes and Partnership & Regeneration divisions to Bovis Homes in January, saw turnover fall from £1.4bn in 2019 to…

Royal Bam topped July’s contract wins league table after two road jobs put it in pole position. The Dutch-owned contracting business signed the contract for the £200m M54 to M6 Toll Link Road project and a £312m M40-M42 interchange with joint venture partner Morgan Sindall. Both jobs were landed by…