Housebuilder Galliford Try reported a 20% rise in profit in the year ended 30 June, to a record high £114m. Revenue rose by 33%, partly as a result of the acquisition of Miller Construction.
The company’s executive chairman, Greg Fitzgerald, who will retire this year, said encouraging market trends boosted activity across Galliford’s businesses.
New home completions rose to 3,177. The company said its homebuilding businesses were positioned to grow, given the backdrop of a shortage of homes and an increase in the population.
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The Independent, p. 53
