Topic Results
Date 17 Sep 2025
Galliford Try, the leading UK construction group, has announced its fifth year of sequential growth with an impressive set of results for the financial year to 30 June 2025.
The Group has achieved record profit since becoming a standalone construction business in 2020, reaching £45m profit before tax. That result represents a divisional adjusted operating margin of 3.0%, an increase of 42bps, delivering our previously communicated margin target one year early.
Revenue climbed to £1.9bn, up 6%, as the business continued to grow both its core businesses and its higher margin Specialist Services offering, while cash management remained strong, with average month-end cash up to £179m (£155m FY24).
The outlook remains strong, with the diversified order book reaching a record £4.1bn and clear signs from Government regarding public spending in all the Group’s key sectors, reinforced by June Spending Review. Already, 92% and 75% of work for FY26 and FY27 has been secured.
Based on the Board’s confidence, the Group completed the £10m share buyback programme launched in October 2024, and now announces a new £10m share buyback programme.
Bill Hocking, Chief Executive of Galliford Try, commented: “Our dedication to careful risk management, Group balance sheet strength, professional and committed teams and collaborative quality-focused relationships with clients and suppliers have all contributed to this fifth year of sequential growth.
“As a UK only contractor with a track record of delivery in water, highways, defence, custodial, education and affordable homes, we are uniquely positioned to support the UK’s key areas of future spend and investment.
“The Group’s major framework successes and growing high quality sector focused order book provide clear visibility and security of future workloads well beyond the current financial year. We are confident in the outlook for Group, our strategy to 2030 and commitment to continue to deliver long-term sustainable value for all our stakeholders.”