Galliford Try News, Projects and Contracts | Construction News

Legal challenge against three A47 upgrades dismissed

Ian Weinfass — Mon, 26 Feb 2024 07:00:37 +0000

Three major new road schemes on the A47 in Norfolk are a step closer to going ahead after a legal challenge was dismissed by the Court of Appeal – although campaigners could take the case to the Supreme Court. The roads are: a dual carriageway…

The post Legal challenge against three A47 upgrades dismissed appeared first on Construction News.

10 companies to watch in 2024

Ian Weinfass — Wed, 03 Jan 2024 11:00:10 +0000

Which companies are likely to have the biggest impact on the industry in the year ahead? ISG In November, ISG felt moved to issue a statement denying “unsubstantiated, wholly inaccurate and false claims” about its financial health”. However, it did not elaborate on the nature…

The post 10 companies to watch in 2024 appeared first on Construction News.

Galliford Try reports profit and turnover growth

Will Ing — Wed, 20 Sep 2023 12:12:26 +0000

Galliford Try has reported moderate increases in profit and turnover. The contractor turned over £1.39bn in the year to 30 June 2023, a 13 per cent increase on a year earlier. Revenue at its infrastructure arm grew substantially from £441.9m to £590.8m, while growth at…

The post Galliford Try reports profit and turnover growth appeared first on Construction News.

Settlement agreed in Galliford Try funicular dispute

Ian Weinfass — Fri, 18 Aug 2023 06:00:54 +0000

A construction firm has agreed an out-of-court settlement with a Scottish Government agency over a funicular railway that had to be closed 17 years after construction due to safety concerns. Highlands and Islands Enterprise (HIE) announced this week that it will receive £11m relating to…

The post Settlement agreed in Galliford Try funicular dispute appeared first on Construction News.

‘Electricity superhighway’ puts Bam top of monthly contracts table

Charlotte Banks — Mon, 07 Aug 2023 06:00:10 +0000

Royal Bam topped the monthly contractors’ league table in July for the first time since 2020, after it was chosen to build converter stations at each end of a £2bn undersea cable between Scotland and England. The firm was awarded £500m for its share of…

The post ‘Electricity superhighway’ puts Bam top of monthly contracts table appeared first on Construction News.

Galliford Try expects increased revenue and profit

Jonathan Knott — Tue, 11 Jul 2023 16:22:18 +0000

Galliford Try expects to report increased revenue and pre-tax profit for the year to the end of June, it has revealed in a trading update. The company said that after making good progress against its strategic targets, it expected to report full-year pre-exceptional profit before…

The post Galliford Try expects increased revenue and profit appeared first on Construction News.

Contractor tops league table for first time since 2019

Ian Weinfass — Fri, 07 Jul 2023 06:00:37 +0000

Galliford Try topped the June contractor’s league table for the first time in more than four years, thanks to a road improvement scheme in Gloucestershire. The firm landed the M5 Junction 10 scheme, which involves building two new slip roads, as well as a new…

The post Contractor tops league table for first time since 2019 appeared first on Construction News.

Galliford Try rebrands highways business

James Wilmore — Tue, 20 Jun 2023 13:52:18 +0000

Galliford Try has rebranded its highways business as Galliford Try Infrastructure, as it targets a more diverse workload. The tier one contractor said the newly established division would focus on highways, but would also take on “urban, multi-modal transport schemes that embrace lower-carbon travel choices”. …

The post Galliford Try rebrands highways business appeared first on Construction News.

Galliford Try picked for £249m M5 junction upgrade

Jonathan Knott — Mon, 19 Jun 2023 11:45:00 +0000

Galliford Try has entered into an early contractor involvement agreement with Gloucestershire County Council to design proposed improvements to junction 10 of the M5 motorway near Cheltenham. The scheme, which is subject to planning approval, is being funded through a £249m award from the government’s…

The post Galliford Try picked for £249m M5 junction upgrade appeared first on Construction News.

Galliford Try awarded £26m payout after long-running wrangle

Kerry Lorimer — Tue, 13 Jun 2023 11:37:07 +0000

Galliford Try is to receive a cash payment of £26m to settle a “complex and challenging” dispute with a major infrastructure fund. In a statement to the London Stock Exchange, the Uxbridge-based contractor said that as a result of the settlement it expected to report…

The post Galliford Try awarded £26m payout after long-running wrangle appeared first on Construction News.