Year-end cash position up to £238m

Galliford Try has said full-year profit will be at the top end of analysts’ expectations when the firm publishes its 2025 accounts this autumn.

In a trading update this morning, the contractor said it “expects to report full year revenue and adjusted profit before tax slightly above the upper end of current analyst forecasts”.

Analysts have previously said turnover will be around £1.8bn with adjusted pre-tax profit at about £41.6m.

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Galliford Try will release its full-year results in September

The firm said it had been buoyed by a strong performance in the water and highways sectors.

Galliford Try’s order book at the year-end was up 8% to £4.1bn with the firm saying 90% of its turnover for the current financial year, which began last week, had already been secured. Cash at the year-end was up 5% to £238m.

The firm will release its full-year results on 17 September.