Galliford Try (LON:GFRD) Releases Earnings Results

Galliford Try (LON:GFRD) announced its quarterly earnings results on Wednesday. The company reported GBX 18.60 EPS for the quarter, Digital Look Earnings reports. Galliford Try had a return on equity of 27.55% and a net margin of 1.79%.

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

GFRD stock opened at GBX 559 on Thursday. The company has a 50 day simple moving average of GBX 538.98 and a 200 day simple moving average of GBX 507.07. Galliford Try has a 1 year low of GBX 294 and a 1 year high of GBX 585. The company has a debt-to-equity ratio of 44.06, a current ratio of 0.93 and a quick ratio of 0.89. The stock has a market cap of £545.15 million, a price-to-earnings ratio of 17.36, a P/E/G ratio of 0.90 and a beta of 0.29.

Analyst Upgrades and Downgrades

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

About Galliford Try

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.