UK's Galliford Try gains on upbeat annual outlook

Galliford Try Holdings

21/01/2026 08:28

** Shares in British construction group Galliford Try GFRD.L rise 3.3% to 540 pence

** Co says it expects full-year revenue towards upper end of market expectations of 1,900 million pounds to 1,922 million pounds ($2.55 billion-$2.58 billion)

** Forecasts annual adjusted profit before tax slightly above top end of range of 46.8 million pounds to 47.7 million pounds

** Peel Hunt analysts upgrade PT to 610 pence from 550 pence, citing record order book visibility, improved framework participation and strong bid pipeline; says co "in great shape, delivering strategic, operational, and financial progress"

** Including session's gains, stock up 2.5% YTD

($1 = 0.7443 pounds)

(Reporting by DhanushVignesh Babu in Bengaluru)

((DhanushVignesh.Babu@thomsonreuters.com))