Galliford Try (GFRD)

Sector:

Construction and Building Materials

244.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 273.00p
  • 52 Week Low: 171.40p
  • Currency: UK Pounds
  • Shares Issued: 102.69m
  • Volume: 67,972
  • Market Cap: £250.55m
  • RiskGrade: 238

Galliford Try lifts guidance again after strong first half

By Benjamin Chiou

Date: Wednesday 17 Jan 2024

LONDON (ShareCast) - (Sharecast News) - Galliford Try's share price received a boost on Wednesday after the British construction company lifted both its top and bottom-line guidance for the full year, for the second time in recent months.
The company said that trading over the first half has seen "strong momentum" with results ahead of the board's expectations since the time of its annual results released in September, during which it raised its guidance for the current year.

"With good visibility over the second half, revenue for the full financial year is now expected to be approximately 5% ahead of current market expectations, with an equivalent increase in expected profit before tax," the company said in a statement.

Current consensus estimates are for revenue of £1.44-1.49bn and pre-exceptional pre-tax profit of £25.2-28.1m, up from £1.39bn and £23.4m the year before, respectively.

The order book grew to £3.7bn by the end of 2023, up from £3.5bn the same time the previous year.

"Galliford Try continues to perform strongly and consistently, and our performance in the first half of the financial year provides increased confidence for the full year," said chief executive Bill Hocking.

The stock was up 3.5% at 249.5p by 1024 GMT.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Galliford Try Market Data

Currency UK Pounds
Share Price 244.00p
Change Today 5.00p
% Change 2.09 %
52 Week High 273.00p
52 Week Low 171.40p
Volume 67,972
Shares Issued 102.69m
Market Cap £250.55m
RiskGrade 238

Galliford Try Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.42% below the market average19.42% below the market average19.42% below the market average19.42% below the market average19.42% below the market average
60.98% below the sector average60.98% below the sector average60.98% below the sector average60.98% below the sector average60.98% below the sector average
Price Trend
80.86% above the market average80.86% above the market average80.86% above the market average80.86% above the market average80.86% above the market average
65.85% above the sector average65.85% above the sector average65.85% above the sector average65.85% above the sector average65.85% above the sector average
Income
68.88% above the market average68.88% above the market average68.88% above the market average68.88% above the market average68.88% above the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average
Growth
96.60% above the market average96.60% above the market average96.60% above the market average96.60% above the market average96.60% above the market average
95.12% above the sector average95.12% above the sector average95.12% above the sector average95.12% above the sector average95.12% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Galliford Try Dividends

  Latest Previous
  Interim Final
Ex-Div 14-Mar-24 09-Nov-23
Paid 12-Apr-24 08-Dec-23
Amount 4.00p 7.50p

Trades for 19-Apr-2024

Time Volume / Share Price
17:59 30 @ 238.00p
17:59 30 @ 238.00p
17:19 30 @ 2.38p
17:16 30 @ 2.38p
16:35 5,942 @ 244.00p

Galliford Try Key Personnel

CEO Bill Hocking

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