AGM Statement
Galliford Try Holdings plc provided an update at its Annual General Meeting, confirming trading is in line with full-year expectations, with positive momentum continuing into the new financial year. The company secured a £3.0bn affordable homes framework and has purchased £1.5m of shares as part of its £10.0m buyback programme. With 92% of current year revenue and 75% of FY27 revenue already secured, and a strong market position in the water industry, the Board is confident in meeting its objectives and delivering long-term value.
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Annual General Meeting Statement and Update on Current Trading
Galliford Try Holdings plc, a leading FTSE 250 construction group, is holding its Annual General Meeting (AGM) at 11:00am today, Thursday 13 November 2025 at the offices of Peel Hunt LLP, 100 Liverpool Street, EC2M 2AT.
Update on Current Trading and Outlook
At our FY25 results in September, we announced another year of continued strategic progress, a fifth consecutive year of strong financial and operational performance, together with an increase in revenue, profit, operating margin and cash.
The positive momentum has continued into the new financial year, with the transition from AMP7 to AMP8 continuing as expected over the first half of FY26, and we are trading in line with the Board's full year expectations. On 20 October 2025 we announced our Building business had been appointed to a £3.0bn affordable homes framework by the major Registered Provider, The Hyde Group.
On 17 September 2025, the Group launched its third share buyback programme of up to a maximum of £10.0m company shares. As at 10 November 2025 the Group had purchased a total of 297,649 shares, for an aggregate consideration of £1.5m.
The Board is confident of meeting its objectives for both the current financial year and in maintaining its progress on the Sustainable Growth Strategy to 2030 - delivering long term value for all our stakeholders. This confidence is underpinned by 92% of projected revenue for the current year and 75% of projected revenue for FY27 already secured. Our strong market position in select sectors - particularly in the water industry - is well aligned with future Government infrastructure spending plans.
On 1 October 2025 Galliford Try was included in the FTSE 250 index.
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