Galliford Try has announced record results for the financial year ending 30 June 2025, marking its fifth straight year of growth since becoming a standalone construction business in 2020.

The UK construction group posted profit before tax of £45 million – its highest to date – representing a divisional adjusted operating margin of 3.0%, up 42 basis points. The company has achieved its previously stated margin target a year ahead of schedule.

Revenue rose by 6% to £1.9 billion, driven by expansion in both its core operations and its higher-margin Specialist Services division. Cash management also remained robust, with average month-end cash increasing to £179 million compared to £155 million in FY24.

-- Advertisement --

Galliford Try's order book reached a record £4.1 billion, supported by positive government spending signals in key markets including water, highways, defence, custodial, education and affordable housing. The company has already secured 92% of its workload for FY26 and 75% for FY27.

Reflecting confidence in its outlook, the Board confirmed completion of a £10 million share buyback launched in October 2024 and announced a new £10 million 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."