Galliford Try (LON:GFRD) Posts Quarterly Earnings Results

Galliford Try (LON:GFRD) released its earnings results on Wednesday. The company reported GBX 18.60 EPS for the quarter, Digital Look Earnings reports. Galliford Try had a net margin of 1.93% and a return on equity of 30.23%.

Here are the key takeaways from Galliford Try’s conference call:

• Adjusted profit before tax rose 20% to £24.7m, divisional adjusted operating margin improved to 3.2%, and EPS and the interim dividend increased (EPS £0.186, interim dividend £0.065).
• Balance sheet and backlog are strong — average month‑end cash ~£190m (period cash £211.7m), no bank debt or pension liabilities, and a high‑quality order book of £4.1bn with ~98% of this year’s work and 80% of FY27 secured.
• Strategic progress continues — the Nene Valley Fire (~£10m) acquisition is expected to be margin‑accretive from year one and complements ongoing Water Technologies and bolt‑on investments to drive higher‑margin growth and AMP8 opportunities toward the 2030 4% margin target.
• The Investments division reported an adjusted operating loss of £1.1m, and affordable housing remains about 18 months behind expectations, which could delay some of the higher‑margin revenue the group plans to scale.

Galliford Try Price Performance

Shares of Galliford Try stock opened at GBX 545 on Friday. The business has a 50 day moving average of GBX 539.64 and a 200 day moving average of GBX 507.39. Galliford Try has a 52 week low of GBX 294 and a 52 week high of GBX 585. The company has a market cap of £531.49 million, a PE ratio of 16.93, a P/E/G ratio of 0.90 and a beta of 0.29. The company has a quick ratio of 0.89, a current ratio of 0.92 and a debt-to-equity ratio of 43.47.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Berenberg Bank raised their price objective on Galliford Try from GBX 620 to GBX 650 and gave the company a “buy” rating in a research note on Wednesday. Peel Hunt reaffirmed a “buy” rating and issued a GBX 550 price target on shares of Galliford Try in a research note on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 600.

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.