UK's Galliford Try gains on FY profit forecast

Reuters
2025.01.15 12:03
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** British construction firm Galliford Try's shares up 4.99% at 380.40 pence; stock among top gainers on London's small-cap index (.FTSC) ** GFRD sees revenue and pretax profit for FY ending June 30 to be at upper end of market expectations** Forecast reflects strong H1 order book, and 3.7 bln stg ($4.52 bln) water frameworks contract wins** GFRD reports H1 order book of 3.9 bln stg** Peel Hunt analysts say GFRD shares offer good value** In 2024, shares rose ~72%($1 = 0.8179 pounds)