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REG - Galliford Try Hldgs - AGM Statement

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RNS Number : 9127N  Galliford Try Holdings PLC  28 November 2024

 

 

 

 

 

Thursday 28 November 2024

 

GALLIFORD TRY HOLDINGS PLC

 

Annual General Meeting Statement and Update on Current Trading

 

Galliford Try Holdings plc, the UK construction group, is holding its Annual
General Meeting (AGM) at 11:00am today, Thursday 28 November 2024 at the
offices of Peel Hunt LLP, 100 Liverpool Street, EC2M 2AT.

 

Update on Current Trading and Outlook

 

At our FY24 results in October we announced another year of sequential, robust
revenue and margin growth together with confidence in the outlook for the
current financial year.

 

Momentum in the Group's operations has continued into the new financial year,
with a number of recent published wins and we are trading in line with the
Board's expectations.

 

Underpinned by the recent Budget, the UK's planned, and required, investment
in economic and social infrastructure continues to support growth in our
chosen markets.  Our confidence in the Group's future outlook is supported by
our high-quality order book and the robust and resilient pipeline of
opportunities we see across our chosen sectors.

 

On 3 October 2024 the Group launched a share buyback programme of up to a
maximum of £10.0m company shares.  As at 18 November 2024 the Group had
purchased a total of 586,731 shares, for an aggregate consideration of £2.1m.

 

The Board remains confident of maintaining progress on its Sustainable Growth
Strategy to 2030 and meeting its objectives for the current financial year.

 

 

For further enquiries please contact:

 

    Galliford Try      Bill Hocking, Chief Executive                            01895 855001

                       Kris Hampson, Chief Financial Officer

                       Kevin Corbett, General Counsel & Company Secretary

    Teneo              James Macey White/Victoria Boxall                        020 7260 2700

 

The person responsible for making this announcement on behalf of Galliford Try
is Kevin Corbett, General Counsel & Company Secretary.

 

 

Note to Editors

 

Galliford Try is a leading UK construction group listed on the London Stock
Exchange.  Operating as Galliford Try and Morrison Construction, the Group
carries out building and infrastructure projects with clients in the public,
private and regulated sectors across the UK.

 

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