Galliford Try (LSE:GFRD) reported a 24.2% increase in adjusted profit before tax to £55.9 million for FY2026, alongside revenue growth of 3% to £1.93 billion.
The construction and infrastructure group recorded its sixth consecutive year of growth, supported by performance in its highways and environmental operations and its approach to contract selection.
Margins increased to 3.5%, while the company ended the financial year with net cash of £259 million and no debt.
Galliford Try’s order book expanded to £4.3 billion, providing contracted revenue visibility for FY2027 and subsequent financial years.
The group deployed £39.5 million of organically generated capital across acquisitions, investment in existing operations and shareholder returns during the year.
This included the acquisition of Nene Valley Fire and Acoustic, which expands Galliford Try’s capabilities in passive fire prevention.
The company also announced an increase in its dividend and a new £15 million share buyback programme as part of its capital allocation strategy.
Management said the group’s financial position and order book support its expectations for future performance, with Galliford Try maintaining its target of achieving its sustainable growth objectives by 2030.
The company continues to focus on infrastructure markets supported by public sector investment, including highways, water and wastewater, education, defence and healthcare.
Galliford Try Holdings is a UK-focused construction and infrastructure contractor operating across building, highways, environment and specialist services.
Its activities also include affordable housing, custodial facilities, public-private partnership investments and facilities management.
The group expects its existing order book and ongoing investment in operational capabilities to support progress towards its longer-term financial targets.
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