Galliford Try (GFRD) Q4 2026 TU earnings summary

Executive summary

• Achieved sixth consecutive year of revenue, profit, and cash growth, with profit at the top end of market expectations for the year ended 30 June 2026.

• Maintained strong commercial discipline and quality project execution across Building and Infrastructure segments.

• Robust order book of £4.3bn at year-end, with approximately 90% of next year's revenue already secured.

Financial highlights

• Full year revenue grew by approximately 3% year-over-year.

• Adjusted profit before tax expected at the top end of analyst forecasts (£51.4m to £53.4m).

• Year-end cash increased to £258.8m (2025: £237.6m); average month-end cash up 21% to £216.2m.

• No pension liabilities or bank debt; revolving credit facility remains undrawn.

Outlook and guidance

• Confident outlook supported by high-quality order book and long-term pipeline in public and regulated sectors.

• Continued focus on margin progression towards 2030 target of 4.0%.

• Well positioned to benefit from UK Government’s £725bn long-term infrastructure investment plan.