Galldris bounces back to strong profits

North London civils contractor Galldris has delivered strong profits reaping rewards from a selective bidding regime and cost-plus contracts.
Despite a challenging market, the firm managed to more than double operating margins last year on steady revenue at £125m.
According to latest account for the year to March 2024, the firm generated a strong pre-tax profit of £21m up from £880,000 in the prior year.Trading margin for the main Galdris Services business, which employs around