Galliford Try

Galliford Try ‘unaffected’ by materials shortage and cost inflation

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Galliford Try has said its trading performance over the first six months of 2021 has been unaffected by the material shortages and inflation seen across the construction sector. In a trading update for the six months to 30 June, the firm said its “disciplined approach to bidding” and “active engagement”…

Galliford Try and Morrison among firms on £5bn Scottish Water framework

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Galliford Try and Morrison Water Services are among seven contractors that have been named on a potentially 12-year, £5bn framework for Scottish Water. The framework will cover planned civil engineering projects valued at between £250,000 and £1.5m, including pipelaying, drainage and capital maintenance on facilities owned by Scottish Water. The…

Galliford Try and Henry Boot target net-zero carbon by 2030

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Galliford Try and Henry Boot have become the latest construction firms to set formal targets for achieving net-zero greenhouse emissions across their own direct operations by 2030. Additionally, Galliford Try has pledged to reach net-zero across the whole of its activities no later than 2045. The company said it has…

Highways England announces £1.3bn surfacing framework

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Highways England will start speaking to contractors later this month about a new £1.3bn surfacing and paving framework. Works required will include bituminous and concrete-surface repairs, paving, iron-work changes and renewals and general surface restoration. The deal is currently expected to be split into nine regional lots, with each contractor…

Two contractors win £1.3bn Scottish Water contracts

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Galliford Try and Morrison Utility Services have both won six-year contracts with Scottish Water worth a total of £1.3bn. Galliford Try and its joint venture partner MWH Treatment have been appointed to the non-infrastructure framework, which is valued at £700m over six years to 2027. The JV — along with a…

Galliford wins town hall job previously awarded to Kier

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Galliford Try has been awarded a £16m contract to refurbish Paisley Town Hall, almost two years after Kier was named on the job. Kier was appointed to the project in May 2019 by Hub West Scotland, Renfrewshire Council’s delivery partner. But a disagreement over risk apportionment between Hub West Scotland…

Galliford Try boss: ‘no margin compromise’ in £1.5bn turnover drive

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Galliford Try’s CEO has vowed the company will not compromise on margins as it aims to boost turnover by £400m in the coming years. Half-year results to the end of December 2020 released yesterday revealed a 15 per cent slump in turnover. Both its infrastructure and buildings operations saw workloads…

Galliford Try returns to profit as business shrinks

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Galliford Try ended 2020 back in profit – but with a smaller business due to a more selective approach to bidding. Results for the six months to 31 December 2020, published this morning, revealed a £4.1m pre-tax profit compared to a £5.6m loss for the same period in 2019. Its…

Highways frameworks worth £1.2bn prepared for bidding

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Two highways frameworks in the Midlands and Wales worth almost £1.2bn combined will go out for tender in the coming months. The Midlands Highways Alliance Plus is planning to launch a £1bn framework for highways maintenance projects in the region. The Medium Schemes Framework (MSF) Four will replace a third…

Galliford Try defends director’s £250,000 bonus

Galliford Try financial director Andrew Duxbury

Galliford Try has defended a £250,000 bonus paid to its finance director, which prompted a shareholder revolt at its November AGM. An advisory vote on the directors’ remuneration report saw 35.6 per cent of shareholders vote against it. Opposing shareholders objected to half of finance director Andrew Duxbury’s bonus for…