Galliford Try ‘s construction division order book has increased to £3.6 billion up from £3.3 billion at the end of December 2015, according to the latest trading update from the housebuilding and construction group for the period 1 January to 11 May 2016 published today.
Peter Truscott, Chief Executive said the Group is making good progress against its strategy to 2018 of disciplined and sustainable growth in all three businesses - namely Linden Homes, Galliford Try Partnerships and Construction, commenting:
“Construction is enjoying a good level of new opportunities, whilst continuing to work through outstanding legacy contracts.”
“The Group's businesses continue to trade in accordance with plan and we anticipate reporting full year results in line with management's expectations, with all three businesses encouraged by future opportunities."
He added that the Group was continuing to maintain its focus on risk management and cash in the Construction business, which now has 76% of next year's revenue secured (2015: 83%).
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