Galliford Try profit rises in annual results as order book supports FY2027 outlook

Galliford Try profit rises in annual results as order book supports FY2027 outlook
Galliford Try profit grows

Galliford Try reports higher annual profit and revenue for the year ended 30 June 2026, extending its run of growth and lifting its dividend payout. The construction group says its outlook remains confident for FY2027, supported by a £4.3 billion order book across infrastructure and public-sector related markets.

Highlights

  • Galliford Try reports adjusted profit before tax up 24.2% to £55.9 million and revenue rising 3.0% to £1.93 billion for FY2026.
  • Average month-end cash increases 21.0% to £216.2 million, with a debt-free balance sheet and a proposed final dividend up 25.9% to 17.0 pence per share.
  • Order book rises to £4.3 billion from £4.1 billion, supporting FY2027 growth outlook amid strong UK infrastructure sector exposure.

Annual performance and cash position

As reported by London Stock Exchange, citing London Stock Exchange Regulatory News Service, Galliford Try says adjusted profit before tax rises 24.2% to £55.9 million for the year ended 30 June 2026, while revenue increases 3.0% to £1.93 billion. The group says performance is driven by strength in Highways and a successful transition to AMP8 in its Environment business.

Adjusted operating margin reaches 3.5%, up from 3.0% a year earlier, as the company continues margin progress across divisions. Galliford Try also highlights a debt-free balance sheet and says average month-end cash for the year increases 21.0% to £216.2 million, reflecting strong cash conversion.

The board proposes a final dividend of 17.0 pence per share, up 25.9% from 13.5 pence a year earlier. Together with the interim dividend of 6.5 pence, the total dividend for the financial year is 23.5 pence, an increase of 23.7%.

Infrastructure exposure underpins outlook

Chief executive Bill Hocking says the group delivers a sixth consecutive year of growth, with revenue up 3% and adjusted profit and earnings per share rising by more than 20%. He says strong cash generation allows continued investment in the business and credits employees and the supply chain for the result.

Galliford Try says it operates in diversified and growing sectors and is positioned to benefit from planned government and regulated spending on the UK's social and economic infrastructure. Its order book stands at £4.3 billion, up from £4.1 billion in 2025, spanning water and wastewater, highways, education, defence, custodial, facilities management and health.

The company says it is confident of further progress in FY2027 and of delivering its 2030 sustainable growth targets. That position, it adds, should generate significant cash flows to support future capital allocation after dividends.

Our earlier article on the Water Resources Development Act of 2026 explained how the U.S. House advanced a biennial water infrastructure package covering ports, inland waterways, storm protection and dam safety. The bill authorizes a new pipeline of feasibility studies and ready-to-build projects through the U.S. Army Corps of Engineers, alongside policy changes intended to speed delivery and expand the role of non-federal partners. It also highlighted the legislation’s focus on strengthening freight networks and climate resilience as water assets remain critical to commerce.

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