Galliford Try boosts FY guidance amid AMP8 momentum

Galliford Try Holdings PLC (LSE:GFRD) chief financial officer Kris Hampson talked with Proactive's Stephen Gunnion about the Group’s latest half-year trading update, outlining strong financial momentum and strategic progress across key markets. Hampson reported further upgrades to 2026 full-year revenue and adjusted PBT expectations, attributing the positive outlook to consistent, quality risk-managed delivery alongside strong market dynamics supported by recent national and local infrastructure commitments. “Our order book is up to £4.1 billion from £3.9 billion a year ago… we're making good progress,” he said. Galliford Try continues to deliver on its strategy of becoming a sustainable, UK-only tier one construction group, with consistent growth now reported for five consecutive years. The company remains focused on constructing vital infrastructure, including roads, water, energy, healthcare, and affordable housing. Hampson highlighted recent success in affordable homes and the energy sector and securing a framework position in the £59 billion National Grid high voltage programme. Discussing sector-specific performance, Hampson noted that the transition from AMP7 to AMP8 in water is progressing smoothly, thanks to close collaboration with longstanding clients. Beyond water, all other divisions are making headway, strengthening the group’s overall position. Hampson also emphasised cash strength, citing a 6% increase in average cash to nearly £190 million, and noted that the share buyback programme is progressing well. Modern methods of construction (MMC) are increasingly becoming a differentiator for Galliford Try. Citing the recent Cardiff high-rise project ’The Rise', Hampson said, “We used offsite production... all of the panels were constructed inside a factory,” allowing the team to efficiently complete the project on a difficult site next to a railway line. He believes MMC will play an ever-increasing role across sectors such as residential, defence, and judicial infrastructure. In the positive update, Hampson highlights the UK-centric nature of Galliford Try should largely shield it from international economic headwinds and tariffs. For more interviews and updates like this, head to Proactive’s YouTube channel. Don’t forget to like this video, subscribe, and turn on notifications so you never miss future content. #GallifordTry #ConstructionUK #InfrastructureInvestment #AMP8 #ModernMethods #TierOneConstruction #AffordableHousing #WaterInfrastructure #EnergyInfrastructure #UKConstruction #InvestorUpdates #ProactiveInvestors