Galliford Try recorded a 12% rise in underlying profit before tax and a 7% increase in revenue during its first half, driven by growth across its UK infrastructure and construction divisions. The results support continued investor confidence in the company's strategic execution.
- Underlying profit before tax: £68.4 million (12% YoY increase)
- Revenue: £284 million (7% YoY increase)
- New contract wins: £450 million in H1 2026
- Order book: £2.1 billion, 85% to be delivered within three years
- Full-year guidance reaffirmed: £130M–£138M underlying profit before tax
- GAT.L stock rose 3.6% following results
Galliford Try delivered a robust first half performance, reporting underlying profit before tax of £68.4 million, up 12% year-on-year, against a revenue increase of £284 million, a 7% rise from the same period in 2025. The company attributed the growth to strong execution on key infrastructure projects and improved margins across its construction and civil engineering segments. The improved financials reflect a sustained focus on cost discipline and project delivery, with the company securing new contracts worth over £450 million during the period. This includes major schemes in transport and utilities, particularly in the Midlands and Southeast England, reinforcing its position as a key player in the UK’s infrastructure pipeline. Galliford Try’s order book now stands at £2.1 billion, with 85% of work scheduled for delivery over the next three years. The company maintained its full-year guidance, forecasting underlying profit before tax in the range of £130 million to £138 million, signaling continued momentum into 2026. The results contributed positively to the broader UK construction sector, with the company’s stock (GAT.L) gaining 3.6% in early trading on the FTSE 250. The performance also supported the UKX index, which rose 0.9% on the day, with infrastructure-focused peers such as Carillion and Kier seeing modest gains.