Galliford Try (LSE:GFRD) has been appointed to the new £9.5 billion Crescent Purchasing Consortium (CPC) Construction and Capital Works framework, securing positions across all five regional lots covering England, Wales and Scotland. The framework, which can run for up to eight years, will support the delivery of education and wider public sector construction projects, including new-build developments and refurbishment work for schools, colleges, universities, healthcare facilities and civic buildings.
The appointment strengthens Galliford Try’s presence in the public sector construction market and reinforces its long-standing position in the education sector. The company believes the framework will create opportunities to deliver major community infrastructure projects across the UK while enhancing the visibility of future revenues through a steady pipeline of public sector work.
Galliford Try’s outlook continues to benefit from stable financial performance, strong cash generation and positive technical momentum in its share price. The company also trades on a relatively moderate valuation, supported by a price-to-earnings ratio of 12.44 and a dividend yield of 3.32%. However, slower revenue growth and relatively narrow operating margins remain areas for investors to monitor.
About Galliford Try
Galliford Try Holdings plc is a leading UK construction company listed on the London Stock Exchange and a constituent of the FTSE 250 Index. Operating through the Galliford Try and Morrison Construction brands, the group delivers building and infrastructure projects for public, private and regulated sector clients throughout the UK.
Its expertise spans education, healthcare, defence, water, highways and environmental infrastructure, with a strong focus on delivering complex construction projects and long-term public sector partnerships. The company continues to build its order book through strategic framework appointments and major infrastructure opportunities across the UK.
Leave a Reply