TIDMGFRD

RNS Number : 9970S

Galliford Try Holdings PLC

10 November 2023

Friday 10 November 2023

GALLIFORD TRY HOLDINGS PLC

Annual General Meeting Statement and Update on Current Trading

Galliford Try Holdings plc, the UK construction group, is holding its Annual General Meeting (AGM) at 11:00am today, Friday 10 November 2023 at the offices of Peel Hunt LLP, 100 Liverpool Street, EC2M 2AT.

Update on Current Trading and Outlook

In September 2023 we announced increased confidence in the current year outlook. The Group's operations are performing well and we are trading in line with the Board's revised expectations.

On 9 November 2023, as part of a continuation of our sustainable growth strategy, we acquired AVRS Systems Limited to join our growing Environment business and further enhance our specialist mechanical, electrical, instrumentation, control and automation services to clients in this critical sector. On 26 October 2023 the Group agreed terms to dispose of its non-core piling business, Rock & Alluvium Limited, with the sale expected to complete later this month.

We are encouraged by the momentum in the first half of the year, with a number of recent project wins, and the Board remains confident of maintaining progress on its sustainable growth strategy and meeting its objectives for the current financial year.

For further enquiries please contact:

 
                  Bill Hocking, Chief Executive 
                   Andrew Duxbury, Finance Director 
                   Kevin Corbett, General Counsel 
 Galliford Try     & Company Secretary                 01895 855001 
 Teneo            James Macey White                    020 7260 2700

The person responsible for making this announcement on behalf of Galliford Try is Kevin Corbett, General Counsel & Company Secretary.

Note to Editors

Galliford Try is a trading name of Galliford Try Holdings plc, a leading UK construction group listed on the London Stock Exchange. Operating as Galliford Try and Morrison Construction, the group carries out building and infrastructure projects with clients in the public, private and regulated sectors across the UK.

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END

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(END) Dow Jones Newswires

November 10, 2023 02:00 ET (07:00 GMT)

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