Full Year Results 

Galliford Try is back on track

Galliford Try is back on track

A strong performance from its Linden Homes housebuilding division helped to lift underlying pre-tax profits at Galliford Try (GFRD) by almost a quarter to £196m in the year to June 2018. Headline profits were dented by a £45m provision associated with the Aberdeen bypass joint venture following the insolvency of Carillion, although this was almost half the amount set aside in the previous year. Any further provisions will depend on the extent to which costs can be reclaimed following completion of the project in late autumn.

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