Galliford Try

Galliford Try boss: nothing of ‘great import’ expected from Budget

Galliford Try CEO Bill Hocking

The chief executive of Galliford Try has said he does not expect the Spring Budget to contain anything “of great import” to his company. In an interview with Construction News, Bill Hocking also said he is relaxed about which party wins the next general election but is keen to see…

Legal challenge against three A47 upgrades dismissed

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Three major new road schemes on the A47 in Norfolk are a step closer to going ahead after a legal challenge was dismissed by the Court of Appeal – although campaigners could take the case to the Supreme Court. The roads are: a dual carriageway and junctions between Blofield and…

Galliford Try reports profit and turnover growth

Galliford Try roads job sees costs double to £33m

Galliford Try has reported moderate increases in profit and turnover. The contractor turned over £1.39bn in the year to 30 June 2023, a 13 per cent increase on a year earlier. Revenue at its infrastructure arm grew substantially from £441.9m to £590.8m, while growth at the company’s larger building division…

Settlement agreed in Galliford Try funicular dispute

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A construction firm has agreed an out-of-court settlement with a Scottish Government agency over a funicular railway that had to be closed 17 years after construction due to safety concerns. Highlands and Islands Enterprise (HIE) announced this week that it will receive £11m relating to two separate claims. The first…

‘Electricity superhighway’ puts Bam top of monthly contracts table

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Royal Bam topped the monthly contractors’ league table in July for the first time since 2020, after it was chosen to build converter stations at each end of a £2bn undersea cable between Scotland and England. The firm was awarded £500m for its share of work on Eastern Green Link…

Galliford Try expects increased revenue and profit

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Galliford Try expects to report increased revenue and pre-tax profit for the year to the end of June, it has revealed in a trading update. The company said that after making good progress against its strategic targets, it expected to report full-year pre-exceptional profit before tax “at the upper end…

Contractor tops league table for first time since 2019

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Galliford Try topped the June contractor’s league table for the first time in more than four years, thanks to a road improvement scheme in Gloucestershire. The firm landed the M5 Junction 10 scheme, which involves building two new slip roads, as well as a new link road connecting the A4019…

Galliford Try rebrands highways business

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Galliford Try has rebranded its highways business as Galliford Try Infrastructure, as it targets a more diverse workload.  The tier one contractor said the newly established division would focus on highways, but would also take on “urban, multi-modal transport schemes that embrace lower-carbon travel choices”.  Galliford Try said the name…

Galliford Try picked for £249m M5 junction upgrade

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Galliford Try has entered into an early contractor involvement agreement with Gloucestershire County Council to design proposed improvements to junction 10 of the M5 motorway near Cheltenham. The scheme, which is subject to planning approval, is being funded through a £249m award from the government’s Housing Infrastructure Fund. It would…

Galliford Try awarded £26m payout after long-running wrangle

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Galliford Try is to receive a cash payment of £26m to settle a “complex and challenging” dispute with a major infrastructure fund. In a statement to the London Stock Exchange, the Uxbridge-based contractor said that as a result of the settlement it expected to report a one-off, non-cash write-off of…