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Galliford Try’s growth plans: Targeting £2.2B revenue by 2030 – One2One Investor Forum [Video]

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Galliford Try’s growth plans: Targeting £2.2B revenue by 2030 – One2One Investor Forum

Galliford Try Holdings PLC (LSE:GFRD) CEO Bill Hocking and CFO Kris Hampson presented at the first Proactive One2One Investor Forum of the year, detailing the company’s ambitious growth plans and strong financial position.

Galliford Try is a Tier 1 contractor with annual revenues of £1.8 billion and a workforce of over 4,300 employees. Hocking discussed the company’s £3.9 billion order book and its strategy to achieve £2.2 billion in annual revenue by 2030 with a 4% operating margin.

The company focuses on key sectors, including building, highways, water, and wastewater, supported by an emphasis on risk management and quality over price in contract procurement. Galliford Try’s commitment to ESG measures and net-zero targets plays a pivotal role in its operations, including decarbonising public sector buildings.

It is also reentering the affordable housing market, aiming for 2,500 units annually. Hampson highlighted the company’s robust balance sheet, with net cash of £227 million, no debt, and a clear capital allocation strategy, including acquisitions and share buybacks.

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