AGM Statement
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Annual General Meeting Statement and Update on Current Trading
Galliford Try Holdings plc, the UK construction group, is holding its Annual General Meeting (AGM) at 11:00am today, Friday 10 November 2023 at the offices of Peel Hunt LLP, 100 Liverpool Street, EC2M 2AT.
Update on Current Trading and Outlook
In September 2023 we announced increased confidence in the current year outlook. The Group's operations are performing well and we are trading in line with the Board's revised expectations.
On 9 November 2023, as part of a continuation of our sustainable growth strategy, we acquired AVRS Systems Limited to join our growing Environment business and further enhance our specialist mechanical, electrical, instrumentation, control and automation services to clients in this critical sector. On 26 October 2023 the Group agreed terms to dispose of its non-core piling business, Rock & Alluvium Limited, with the sale expected to complete later this month.
We are encouraged by the momentum in the first half of the year, with a number of recent project wins, and the Board remains confident of maintaining progress on its sustainable growth strategy and meeting its objectives for the current financial year.
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