Galliford Try announces delay to annual results

16th Sep 2024 10:11

(Sharecast News) - Galliford Try announced on Monday that it would delay the publication of its annual results statement.

The London-listed firm put the postponement down to its auditor BDO requesting additional time to complete standard audit quality control procedures.

It assured stakeholders that it would provide an updated release date for the annual results in due course.

Despite the delay, Galliford Try confirmed that its financial performance for the year ended 30 June remained consistent with its trading update issued on 11 July.

The group said it expected revenue and pre-exceptional profit before tax to exceed the upper end of analyst forecasts from the period.

Entering the new financial year, Galliford Try reported a robust order book valued at £3.8bn, up from £3.7bn in 2023.

The company said it had already secured 92% of its projected revenue for the 2025 financial year.

Its board said it was confident in its outlook for the current year, highlighting momentum in recent framework and sector wins.

The achievements aligned with the strategic plan set out in May, aiming toward 2030.

At 0939 BST, shares in Galliford Try Holdings were down 0.24% at 288.3p.

Reporting by Josh White for Sharecast.com.