Galliford Try is set to report full-year revenue and profit before tax "slightly above" the upper end of its guidance, after a strong performance in its second half.

The construction firm now expects its revenue to reach between £1.86bn to £1.88bn in the year to 30 June, while its profit before tax is set to be between £40.1m and £41.6m.

Galliford Try added that stronger trading is also expected to deliver further margin progression towards its 2030 sustainable margin target of 4% and the previous 3% target in 2026.

Since January 2025, the firm has secured a number of projects, including highways deals totalling just over £1.06bn, an environmental project with Yorkshire Water totalling £850m and fire safety improvement projects at two UK prisons that total £100.5m.

The firm said it has a "strong pipeline of new opportunities" across the UK, and that it currently boasts an order book of £4.1bn as of 30 June with "excellent visibility of long-term future workload".

Looking ahead, Galliford Try stated that it is starting the new financial year with 90% of revenue secured and with "significant national investment" planned in chosen sectors of the UK’s social and economic infrastructure.

Chief executive at Galliford Try, Bill Hocking, said: "I am delighted that all our operations continued to perform strongly throughout the second half of the year and we expect to report another year of increased revenue and profit in September.

"Our balance sheet strength and reputation continue to be key to all stakeholders. We welcome the Government's commitment to invest in improving the UK's social and economic infrastructure and affordable housing. As a UK only contractor, our confidence in the future is supported by our high-quality order book as well as a long-term pipeline of future opportunities in key sectors as supported by the investment proposals in last month's spending review and UK infrastructure strategy plans.

"We are excited about the opportunities in our chosen sectors and the delivery of further strong performance and long-term value for all stakeholders as we work to deliver our sustainable growth targets by 2030."

Galliford Try will announce its full-year results on 17 September.

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