Galliford Try

Galliford Try expects return to profit this year

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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 top in October as total contract wins decline

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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…

Interserve and Galliford Try among winners on £4bn Thames Water framework

Thames Water sewage treatment works Mogden

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: cash pile now at correct level

Galliford Try financial director Andrew Duxbury

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 posts £60m loss

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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 tops July contract league

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…

Galliford Try bags £105m Leeds scheme

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Galliford Try has secured a £105m contract to build a new 665-home development in Leeds city centre. Located on the Monk Bridge site, south-west of the city centre, the project is a build-to-rent project constructed on behalf of Highline Investments. It will feature a mix of one, two and three-bedroom…

Scottish construction reopening mixes optimism with caution

Elliot Robertson chief executive Robertson group

Scottish firms have warned that it will take time to recover from the impact of Scotland’s coronavirus shutdown. The nation moved into phase four of the Scottish Government’s site-reopening plan earlier this month, meaning work is now allowed to take place where either physical distancing can be maintained or PPE…

Galliford Try wins £50m office refurb

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Galliford Try has won a refurbishment contract worth more than £50m at 280 Bishopsgate in the City of London. The job, for Arax Properties, involves the refurbishment of 264,500 square feet of office space along with full fit-out of the core and reception areas. A statement from Galliford Try said…

Kier won’t claim from furlough bonus scheme

Kier Marr College

Kier will not claim through the Jobs Retention Bonus scheme, while Interserve* has become the first contractor to say it intends to. Construction News can reveal that Kier, the UK’s second largest contractor by turnover, will forgo its entitlement to the £1,000-per-head bonus available to all businesses who bring back…