Delivering
Sustainable
Growth
Galliford Try Holdings plc
Annual Report and Financial Statements 2022
Galliford Try Holdings plc Annual Report and Financial Statements 2022
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About us
Galliford Try is one of the UK's leading construction groups,
working to improve the UK’s built environment and
delivering lasting change for the communities we work in
Read more
&
We are a people-orientated,
progressive business,
driven by our values
Visit our Results Centre to watch our results presentation
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About Why us Sectors Sustainability Careers Investors News
Strategic report
2 Our business model
6 Our investment case
8 Chairman’s statement
10 Market review
12 Our strategy
16 Chief Executive’s review
20 Operating sustainably
43 Risk management
48 Task Force on Climate-related
Financial Disclosures
55 Financial review
58 Operating review
61 Stakeholder engagement and
s172(1) statement
Governance
66 Chairman’s review
68 Directors and Executive Board
70 Governance review
82 Nomination Committee report
84 Audit Committee report
87 Remuneration Committee report
90 Directors’ Remuneration Policy report
95 Annual report on remuneration
100 Directors’ report
103 Statement of directors’ responsibilities
Financial information
104 Independent auditor’s report
110 Consolidated income statement
111 Consolidated statement of
comprehensive income
112 Balance sheets
113 Consolidated and Company statements
of changes in equity
114 Statementsofcashows
115 Notestotheconsolidatednancialstatements
150 Five-year record (unaudited)
151 Shareholder information
Contents
Pre-exceptional earnings per share
1
16.0p
(2021: 9.5p and 2022 statutory earnings
per share 5.8p)
Dividend per share
8.0p
(2021: 4.7p)
Average month-end cash
£174m
(2021: £164m)
Order book
£3.4bn
(2021: £3.3bn)
Revenue
£1, 237. 2m
(2021: £1,124.8m)
Pre-exceptional prot before tax
1
£19.1m
(2021:£11.4mand2022statutoryprot
before tax £5.4m)
Divisional operating margin
1
2.4%
(2021: 2.0%)
Pre-exceptional operating
prot before amortisation
1
£18.5m
(2021: £10.1m)
1 See note 32 for our alternative
performance measures.
Focused risk management
Our established approach to risk
management has laid a strong platform
for our strategy to 2026 and continues
to underpin our future ambitions.
Safety above all
We are committed to prioritising the
health, safety and wellbeing of our people,
and those around us, aiming for no harm.
Drivers of market growth
Our chosen markets remain favourable
andwearewellplacedtobenetfrom
sustained investment in the UK’s economic
and social infrastructure.
Built-in sustainability
Our sustainability commitments are built
into our strategy, allowing us to be more
efcient,winworkandengagewithour
employeesandsupplychain,whilebeneting
the community and environment.
Key sections of our report
Financial performance