Galliford Try upgrades target as half-year profits jump 54%

Galliford Try is upgrading its profit forecast for the year after a strong first half performance saw pre-tax profit jump 54% to £20m.
A strong half of work activity across both infrastructure and building divisions saw revenue approaching £1bn at the half year to December, up 13% to £923m.
The firm is benefitting from strong positions on Government building and infrastructure frameworks and is close to signing off a deal to take on failed ISG’s custodial work.Once signed