Galliford Try margin hits 2.3% as order book rises to £3.5bn
Growth in infrastructure orders helped Galliford Try to deliver a steady improvement in profit and revenue in the first six months of the year.
Bill Hocking, chief executive, said the challenges around inflation and materials shortages were also now beginning to ease allowing group margins to slightly improve to 2.3%.
Revenue for the half year to 31 December 2022 increased 14% to £679m, primarily reflecting disciplined growth in Infrastructure. This included the benefit of a full six
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