Galliford Try (LON:GFRD) Issues Quarterly Earnings Results

Galliford Try (LON:GFRD) posted its earnings results on Thursday. The company reported GBX 41.70 earnings per share for the quarter, Digital Look Earnings reports. Galliford Try had a return on equity of 30.23% and a net margin of 1.93%.

Here are the key takeaways from Galliford Try’s conference call:

• Strong FY2026 performance: Revenue rose 3% to £1.93 billion, adjusted PBT increased 24% to £55.9 million, margins improved to 3.5%, and adjusted EPS grew 23.1% to 42.4p.
• Galliford Try reported a robust balance sheet with £259 million of year-end cash, £216.2 million of average month-end cash, no bank debt or pension liabilities, and continued 100% cash conversion. The board also announced a new £15 million share buyback and a 23.5p dividend.
• The order book remains strong and provides substantial revenue visibility, with £2.7 billion in Building and £1.7 billion in Infrastructure; 93% of Building revenue and 87% of Infrastructure revenue for FY2027 are secured.
• Management expects similar revenue growth and further margin progression in FY2027, supported by public infrastructure spending, AMP8 water work, specialist higher-margin businesses, affordable housing opportunities, and disciplined bolt-on M&A.
• Infrastructure revenue growth is expected to flatten in FY2027 as highways projects move into lower-revenue early stages and the AMP8 transition progresses. In addition, historic tax losses are largely exhausted, so the company expects to resume corporation tax payments from FY2027.

Galliford Try Price Performance

Shares of LON GFRD opened at GBX 668 on Friday. The company has a fifty day moving average price of GBX 600.32 and a 200 day moving average price of GBX 550.64. The firm has a market cap of £660.10 million, a PE ratio of 19.03, a PEG ratio of 0.90 and a beta of 0.47. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 43.47. Galliford Try has a 1-year low of GBX 466 and a 1-year high of GBX 673.

Galliford Try announced that its board has approved a stock repurchase plan on Thursday, September 17th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

More Galliford Try News

Here are the key news stories impacting Galliford Try this week:

• Positive Sentiment: Profit growth exceeded expectations: FY26 adjusted pre-tax profit rose 24.2% to £55.9 million, supported by higher revenue and widening margins. The company also reported quarterly EPS of 41.70p, with a 30.23% return on equity. Galliford Try FY26 Adjusted Pre-Tax Profit Rises 24.2% to £55.9 Million
• Positive Sentiment: Strong forward visibility: Management highlighted a sixth consecutive year of growth and an order book worth £4.3 billion, providing support for future revenue and earnings. Galliford Try’s Kris Hampson: Sixth straight year of growth as order book hits £4.3bn
• Positive Sentiment: Shareholder returns strengthened: Galliford Try launched a £15 million share buyback, which could provide additional demand for the stock and signals management confidence in cash generation. Galliford Try Annual Profit, Revenue Rise; Launches £15 Mln Share Buyback Programme
• Positive Sentiment: Analyst support increased: Berenberg raised its price target from 680p to 750p and retained a “buy” rating, while commentary suggested the shares may have further upside as margins improve. Galliford Try shares have further to run as margins widen
• Neutral Sentiment: The shares reached a new one-year high, indicating strong momentum but also leaving investors to assess whether the improved outlook is already reflected in the valuation. Galliford Try Hits New 1-Year High

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their price target on Galliford Try from GBX 680 to GBX 750 and gave the stock a “buy” rating in a report on Thursday. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 650.

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.