Galliford Try has issued a trading update for the year ended 30 June 2026, stating it expects to deliver a sixth successive rise in revenue, profit and cash.
Full-year revenue is anticipated to be up by circa 3%. The Group said commercial discipline and strong project delivery across all businesses are set to place adjusted profit before tax at the top end of analyst forecasts, with year on year margin progression continuing towards its 2030 margin target of 4.0%.
The Group continues to build its higher-margin specialist operations, including investment in a pipe fabrication facility in Keighley, and the acquisition of Nene Valley Fire, which is performing ahead of expectations.
A high-quality, record order book of £4.3bn underpins long-term workload visibility, and the Group begins the new financial year with approximately 90% of revenue secured.
The Group's resilient balance sheet is strengthening its ability to secure high-quality contracts and frameworks, attract and retain highly skilled people and supply chains, and continue to invest through active organic and acquisition pipelines to deliver growing shareholder returns.
Bill Hocking, Chief Executive for Galliford Try, commented: "I am pleased that our operations have performed well throughout the year, and we expect to report our sixth consecutive year of revenue, profit and cash growth at our full year results in September.
"Our Sustainable Growth Strategy is supported by our high-quality order book, a long-term pipeline of future opportunities in our chosen sectors, and our ability to re-invest selectively in earnings-accretive growth opportunities.
"We benefit from great people and committed project teams, and we look forward to delivering continued progress and long-term value for all stakeholders as we deliver our strategy to 2030."
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