Welcome to Galliford Try's Press Centre. This section contains our most recent press releases, publications, videos and details of our press contacts.

Press Releases

Tuesday, 30 June 2015 @ 08:51

Galliford Try joint venture signs development agreement for major Silvertown Way regeneration project

Galliford Try plc, the housebuilding and construction group, announces that it has signed a development agreement with the Greater London Authority to secure planning and construct the Silvertown Way development in Canning Town, East London.

The proposals will create more than 1,100 mixed tenure homes across a series of individual blocks, in a scheme that has an approximate gross development value of £380 million, making it the largest standalone housing scheme the company has undertaken.

The project will be delivered through an existing joint venture vehicle with Thames Valley Housing Association. A third of the homes will be for private market rent, through Thames Valley's subsidiary Fizzy Living, while around 380 affordable homes will also be constructed for London and Quadrant Housing Association.

Galliford Try's housebuilding businesses, Linden Homes and Galliford Try Partnerships will be responsible for undertaking the development, which is proposed to include a hotel, restaurant, employment and commercial space alongside the new homes.

Greg Fitzgerald, Galliford Try's Executive Chairman, commented: "I am delighted that we have been able to work with all the stakeholders involved in this project to reach an agreement, and deliver much-needed new homes for London. As well as being a hugely significant project for our company, Silvertown Way will be a flagship regeneration project for East London, and we are committed to providing high-quality housing of all tenures for the local community."

Galliford Try - Greg Fitzgerald, Chief Executive      01895 855001

                   Graham Prothero, Finance Director

Tuesday, 16 June 2015 @ 08:30

Galliford Try cyclists pedal 981 miles for charity

A team of 87 cyclists from Galliford Try has completed a 981-mile non-stop relay in just 84 hours, raising more than £32,000 for Cancer Research UK.

The relay, independently organised by Jon Hodgins, Engineering Director at Galliford Try, and who also completed the first stage, began on 11 June at Land’s End. The team completed the event in 14 stages, arriving at John O’Groats, the final destination, late in the afternoon of 14 June. The cyclists covered 981 miles in 84 hours, travelling at an average cycling speed from start to finish of 11.7mph.

“We overcame a number of challenges including many steep climbs, strong headwinds and riding at unsociable hours including through the night on some stages. However, we were also able to ride through some stunning scenery along the route and, though it was a gruelling event, we’re pleased to have raised a significant sum of money for our chosen charity,” said Jon.

Greg Fitzgerald, Executive Chairman of Galliford Try, said: “Well done to everyone who took part. An event such as this takes hard work and commitment and reflects what we are capable of when we come together – and that includes everyone who has been involved in the event from the cyclists and their support car drivers to their supporters and donors.”

The company has pledged £5,000 towards the fundraising effort. The cyclists taking part were able to take advantage of Galliford Try’s volunteering policy which allows employees up to two days paid leave to take part in charitable or community-based activities.

Wednesday, 10 June 2015 @ 02:18

Galliford Try appoints new leader for North West business

Galliford Try plc, the housebuilding and construction group, has appointed Ed Wootton to lead its Building North West operation from the local base in Warrington.

Wootton, replaces longstanding managing director Bob Merriman who will retire later this year after spending 50 years with the company. Wootton himself has been with Galliford Try for over 20 years, starting as a graduate trainee in 1994, before working his way up through a variety of operational roles to the position of construction director, before his latest promotion.

Building North West has enjoyed considerable success in over the past few months, having been appointed to the North West Construction Hub and winning the Holywell Learning Campus project in North Wales. The business has also recently completed a number of high profile projects, including Hotel Football at Old Trafford, Manchester.

Speaking on the appointment, Galliford Try Building North and Scotland Managing Director Ian Jubb said: “I am delighted to be able to appoint a high-quality candidate such as Ed from within our own ranks to this important role. Ed is a well-respected figure in construction in the North West and I know he will build on Bob’s excellent work as we continue to deliver our strategy for disciplined growth in the region.”

For more information contact:

Ben Kunicki, PR Manager
T: 01895 855 153
M: 07918 759283
E: ben.kunicki@gallifordtry.co.uk

Thursday, 21 May 2015 @ 08:46

Double win for Linden Homes at London Evening Standard New Homes Awards

Linden Homes, part of Galliford Try’s housebuilding division, scooped two awards at the London Evening Standard New Homes Awards, held at the Dorchester Hotel in London.

Known as ‘the Gold Standard in the property world’, the awards showcase excellence in housebuilding across 13 categories and are judged by Evening Standard readers as well as by industry experts.

Linden Homes’ Guildford business was awarded ‘Best Out of London Home’ for The Yeoman at Froyle Park and claimed first place in the ‘Best Family Home’ category (between £750,000 and £1,500,000) for the same property.

Froyle Park, a development of 55 new and refurbished homes in Upper Froyle, Hampshire, was recognised for its “imaginatively designed, yet practical interiors for family living” in the ‘Best Family Home’ category, and for demonstrating that “homes in the suburbs and the commuter-belt can match the very best in the capital” in the ‘Best Out of London Home’ group.

Commenting on the award wins, Group Managing Director for Housebuilding Andrew Richards said: “The New Homes Awards carry very powerful endorsement and I am delighted that Froyle Park has been recognised with not one but two awards, building on our reputation as a leading housebuilder in London and the South East."

For more of the Group's awards click here >>>

Monday, 18 May 2015 @ 09:00

Galliford Try hosts second annual supply chain event

Galliford Try, the UK’s leading housebuilding and construction company, brought together more than 160 delegates from its supplier base at its second annual Supply Chain Briefing. The event provides suppliers with an opportunity to learn more about the company’s business plans and approach to its supply chain.

Greg Fitzgerald, Executive Chairman at Galliford Try, opened the event with an overview of the Group’s progress while Kevin Moran, Group Procurement Director, explained the measures the company is putting in place to further improve its supply chain relationships.

Kevin outlined the feedback from the company’s supply chain surveys and what actions have come about as a result of the feedback. He also provided information about the steps being taken to encourage collaborative working with all supply chain members.

Delegates were also updated on supply chain opportunities in the company’s new growth sectors and how Galliford Try is working with the supply chain to embed sustainability issues even further.

Kevin Moran, Group Procurement Director, said: “As a company we pride ourselves on maintaining the very best relationships with our supply chain and events like this are crucial to that process. Not only does it allow us to speak to a wider group about the measures we are taking to improve the collaborative process, but vitally it allows us to hear open and honest feedback and encourage greater debate and innovation for all of our businesses.”

One of the delegates, Ryan Mee from Eco 2 Solar, commented on the event: “[The Supply Chain Briefing] is an excellent concept and it's something that [the company] is streets ahead of other construction companies on and really helps us to get a view for what Galliford Try has in mind for the coming years”.

Friday, 15 May 2015 @ 09:00

Wick project beats international competition to Gold Award

Wick Community Campus in North Scotland has been hailed as one of the best educational developments in Europe after judges awarded hub North Scotland a prestigious prize at an international awards ceremony.

Hub is a national initiative set up by the Scottish Government (through the Scottish Futures Trust) as a way to provide a more efficient, quicker, sustainable procurement methodology for public sector bodies.

The £48.5 million project is being delivered by hub North Scotland, a public private joint venture of which leading construction group, Galliford Try, is the majority private sector partner. Hub North is developing this on behalf of the Highland Council and has been given a seal of approval by experts leading the 2015 Partnerships Awards.

At a ceremony in London on 14 May, the Wick project claimed Gold in the ‘Best Education Project’ category - ahead of nominations from as far afield as the Philippines, Poland and France. Closer to home, Levenmouth High School was the other Scottish contender on the shortlist while a project from Ireland was also in the running.

Recognising the best in Public Private Partnerships (PPP), the Partnerships Awards are now in their 17th year and reward companies for working on new projects as well as on operational schemes.

Wick Community Campus is set to replace the existing Wick High School, South Primary and Pultneytown Academy Primary School and incorporates a new library and swimming pool in a design which is set to serve both pupils and people within the town and the surrounding area. In addition, hub North Scotland is also driving the construction of the nearby £14.5million Noss Primary School which will cater for nearly 400 pupils and includes plans for a multi-use games area, netball area and car park.
Angus Macfarlane, chief executive of hub North Scotland, said: “We are delighted to have received this recognition from the Partnerships Awards, which is a tremendous endorsement for the team responsible for delivering the Wick Community Campus for local residents. It is not only a reflection on the quality of the project, but also underlines the benefits and strength of the hub model – which has partnership at its core.”

Morrison Construction, part of the Galliford Try group, is the main contractor for both of the Wick projects. Galliford Try’s Investments business and Sweett Equitix have invested in the funding for the project and Galliford Try’s facilities management business will provide ongoing hard facilities maintenance and lifecycle management services over the 25- year concession period.

Donald Mclachlan, Highland regional director of Morrison Construction, said, "We are delighted to be part of the team winning this prestigious award for the Wick Community Campus along with our partners at hub North Scotland and the Highland Council.

“Morrison Construction has a proven track record in providing public sector facilities across Scotland and is pleased to be providing the high-quality school and community facilities that the local community in Wick deserves. Collaboration has once again been the key to success in this project and with an early start on site, coupled with a first-class supply chain, we are progressing well.”

Linda Shearer, PPP director of Sweett Investment Services, added: “I was thrilled to pick up the award on behalf of the whole team, which worked very hard overcoming many challenges to ensure the local people of Wick will have a new facility that they can be proud of for many generations to come.”

Hub North Scotland comprises Alba Community Partnerships (a joint venture of Galliford Try, Equitix and Sweett Investment Services), Scottish Futures Trust and 16 Northern Territory Partners, working with local suppliers and contractors to deliver quality buildings and services.

Wednesday, 13 May 2015 @ 08:48

Trading Update - Wednesday 13 May 2015

Galliford Try plc, the housebuilding and construction group, today issues its trading update for the period 1 January to 12 May 2015.

Greg Fitzgerald, Executive Chairman, commented:

"We are pleased to report all businesses - Linden Homes, Partnerships and Construction - continue to perform well with favourable market demand against a background of continuing challenges on the labour supply side in all sectors. The Group expects to report full year results in line with analysts' consensus.

Conditions in the housing market remain positive and we have been encouraged by trading through the year so far, with sales below the exceptionally strong corresponding period although significantly above the previous six months July to December 2014. The land market continues to be good. On 12 May 2015 Linden Homes exchanged contracts with Shepherd Homes to acquire their Yorkshire based housebuilding land assets comprising six current sites and five sites in planning totalling a landbank of 515 plots. We are seeing significant opportunities for our growing Galliford Try Partnerships business with the division very well placed to continue to capitalise on the strong demand for both contracting and mixed tenure developments.

The construction market is improving and our construction business is seeing growth in the order book, helped further by the benefits of acquiring Miller Construction. The improving market has enabled us to secure contracts with appropriate margins.

The Board has a clear strategy to 2018 of disciplined and sustainable growth across all of Galliford Try's businesses. With the recent appointment of a new CEO joining a strong executive team, and with the Board further strengthened by a number of non-executive appointments, the Board is confident that this strategy will continue to be executed successfully."

Housebuilding

  • £982 million of sales reserved, contracted or completed across both Linden Homes and Galliford Try Partnerships, of which £778 million is for the current financial year to 30 June 2015 (2014: £1.0 billion and £790 million respectively).
  • Since 1 January 2015 Linden Homes has been selling at a rate of 0.68 per outlet per week (2014: 0.80, July - December 2014: 0.51).
  • Strong Galliford Try Partnerships contracting order book of £0.65 billion (31 December 2014: £0.5 billion).
  • Both businesses are actively pursuing good land opportunities. The division currently has a record landbank of 15,000 plots. Linden Homes has all plots secured for 2016 together with 75% of plots secured for 2017.

Construction

  • Order book of £3.3 billion (31 December 2014: £3.2 billion).
  • 83% of next year's revenue secured (2014: 80%).
  • Experiencing strong levels of opportunities with good visibility of future work stream across all parts of the business.
  • Cash performance continues to be strong.

Conference call

A conference call for Analysts and Investors will be held at 07:45 am (UK time today)
Participant telephone number: +44 (0)20 3139 4830
Participant passcode: 50906637#

Financial Reporting Calendar



Following changes to the disclosure and transparency rules, Galliford Try has reviewed its financial reporting calendar. Going forward the Group expects to make the following financial announcements:

8 July 2015               Trading update
16 September 2015     Full year results
23 February 2016     Half year results
12 May 2016          Trading update

For further enquiries please contact:

Galliford Try - Greg Fitzgerald, Executive Chairman 01895 855001
                     Graham Prothero, Finance Director
Tulchan Communications - Martin Pengelley/James Macey White 0207 353 4200
                                           /Giles Kernick

Saturday, 09 May 2015 @ 09:00

South Shields coastal defence scheme scoops two awards

The coastal defence scheme built by Galliford Try’s Civil Engineering business at Littlehaven in South Shields for South Tyneside Council has won both the Infrastructure Project of the Year and overall Project of the Year awards at the Constructing Excellence North East awards staged in Newcastle-upon-Tyne on 8 May.

The scheme will go forward to the national finals in the autumn. The scheme is also shortlisted for the Project of the Year under £10m category of the Construction News awards which take place in London on 30 June.

The project, which was jointly funded by South Tyneside Council and the Environment Agency, involved the demolition of the old, decaying sea wall and construction of a new structure on a slightly different alignment to create a reshaped beach area. The new wall is 550m long, 3-4m high and consists of front and rear sections connected by a stepped revetment.

The main benefits of the work include better protection against flooding caused by tidal surges, a larger beach and an illuminated promenade. The project was completed with the installation of a concrete sculpture called Eye and Sea through which passers by can look at the Tyne’s piers and open sea.

“It’s great to get the external recognition that a scheme of this complexity deserves,” said Dave West, Galliford Try project manager. “Building the new sea defences was both a challenging and satisfying project that has resulted in significant improvement to the South Shields shore.”

Thursday, 07 May 2015 @ 08:39

Galliford Try Appointed To Education Contracts Worth Up To £55 Million

Galliford Try plc, the housebuilding and construction group, announces that it has been appointed to two new contracts in the education sector worth up to £55 million to the business.

Firstly, Galliford Try's Building business has reached financial close on the £38 million Hull and East Riding batch under the first phase of the Government's Priority School Building Programme. The batch includes the £18.6 million construction of Hessle High School and Sixth Form College, as well as new buildings for Eastfield, Francis Askew, Wold and Ainthorpe primary schools.

Secondly, Morrison Construction has been appointed preferred bidder by Moray Council for the refurbishment of four primary schools under the LHC Framework. The package is worth up to £17 million to the business and includes projects at Applegrove in Forres, Millbank in Buckie, Seafield in Elgin and St Gerardines in Lossiemouth.

Greg Fitzgerald, Executive Chairman of Galliford Try, commented: "Education remains a cornerstone for our Building business across the UK and we are delighted to have been awarded these contracts. We look forward to working with our partners to create school buildings fit for the provision of a high-quality education for their pupils."

For further enquiries:

Galliford Try - Greg Fitzgerald, Executive Chairman 01895 855001

                     Graham Prothero, Finance Director 

Thursday, 30 April 2015 @ 08:29

Board appointments

Galliford Try plc ("Galliford Try"), the housebuilding and construction group, is today pleased to announce the following executive and non-executive appointments and related changes to the Board:

  • Peter Truscott appointed as Chief Executive effective from 1 October 2015
  • Peter Ventress appointed Deputy Chairman and Senior Independent Non-Executive Director
  • Gavin Slark appointed Non-Executive Director effective from 13 May 2015
  • Ken Gillespie promoted to Chief Operating Officer
  • Peter Rogers to retire from the Board, and
  • Greg Fitzgerald to become Non-Executive Chairman from 1 January 2016.

 

Peter Truscott is currently Divisional Chairman, South at Taylor Wimpey plc and a member of the Group Management team. Peter joined George Wimpey in 1984 and worked at CALA Homes from 1993 to 1996, before re-joining Wimpey where he held a succession of senior management positions. Peter will become Chief Executive with effect from 1 October 2015.

 

Peter Ventress is currently Chief Executive Officer of Berendsen plc and a non-executive director at Premier Farnell plc, whilst Gavin Slark is Chief Executive Officer of Grafton Group plc.  Both Peter and Gavin will become members of the audit, nomination and remuneration committees from appointment.

 

The Board has also asked Ken Gillespie to assume wider Group responsibilities in addition to his role as Construction Division chief executive. In recognition of this expanded role, Ken has been appointed as Group Chief Operating Officer as well as continuing to lead the Construction Division.

 

As planned, on Peter Ventress' appointment as Deputy Chairman Peter Rogers is retiring from the Board.  Greg Fitzgerald will become Non-Executive Chairman on 1 January 2016 until the AGM in November 2017 whereupon Peter Ventress will become Chairman.  These announcements mark the conclusion of the process to appoint a successor for Greg Fitzgerald as Chief Executive of Galliford Try, and to implement related changes to the Board.  

 

Terry Miller, Chair of the Nomination Committee, said:

"I am pleased that Peter Truscott has agreed to join Galliford Try as Chief Executive. Peter brings great knowledge and experience of our industry and the Board has every confidence in his ability to continue the strategy for disciplined growth that has already started delivering for shareholders.  

 

With the appointment of Peter Ventress and Gavin Slark, the Board brings together a good blend of fresh experience and ideas to complement an existing team who have worked together to develop the successful growth strategy."

 

Peter Ventress, Deputy Chairman and Senior Independent Director, said:

"I join Galliford Try at an exciting stage in its development. Greg has made an immense contribution to the Group's success and we are delighted that his experience will continue to be available to us as Peter Truscott takes on the role of Chief Executive and leads the Group onto even greater success. The Group is in an excellent financial position with a clear growth strategy."

 

Peter Rogers, retiring Deputy Chairman and Senior Independent Director, said:

"With the appointment of a new Chief Executive and new non-executive directors it is an appropriate time for me to stand down from the Board of Galliford Try."

 

Greg Fitzgerald, Executive Chairman, said:

"The Group has moved quickly to secure Peter Truscott as the new Chief Executive whilst further strengthening the Board with the appointments of Peter Ventress and Gavin Slark. I am very grateful to Peter Rogers for his significant contribution to Galliford Try over the last seven years. We have an excellent executive team, and a strong Board with a broad range of experience and skills.  I am confident that the Group will move forward to build on our achievements to date and deliver our strategy of disciplined growth."

 

There remains no other information required to be disclosed under paragraph 9.6.13R of the Listing Rules in connection with these appointments.

 

 

For further enquiries, please contact:

 

Galliford Try

Greg Fitzgerald, Executive Chairman

Graham Prothero, Finance Director

01895 855001


Tulchan Communications

James Macey White

Martin Pengelley

Giles Kernick

020 7353 4200