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Profit outlook boosts Galliford’s shares

Shares in Galliford Try rose after the company forecast profit would be towards the upper end of analysts’ expectations of £46m-£59m.

Its Linden Homes division is expected to report strong results, including a 7% rise in completions and a 6% rise in the average selling price. Its partnerships division has seen its order book increase by 23.5%.

Galliford also said it was on target to increase pretax profit by 60% by 2021.

Click here for the full Daily Telegraph article

Click here for the full FT article (£)

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