About
** British construction firm Galliford Try's shares up at all-time high of 4.2% to 437.5 pence** Expects FY revenue and adjusted pre-tax profit to be slightly above upper end of market expectations** Says it is well positioned to benefit from the UK government's renewed infrastructure investment push** Analysts expect FY revenue of 1.86 billion pounds to 1.89 billion pounds ($2.53 billion to $2.57 billion) and adjusted pre-tax profit of 40.1 million pounds and 41.6 million pounds, according to company-compiled poll** YTD, GFRD up about 12%($1 = 0.7356 pounds)
** 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)
