Galliford Try off to a good start
Building group Galliford Try said that despite an uncertain outlook its housebuilding and construction divisions had made a good start to the financial year.
Building group Galliford Try said that despite an uncertain outlook its housebuilding and construction divisions had made a good start to the financial year.
The firm's housebuilding arm reported 7% growth in sales reserved, contracted or completed, taking sales to £460m in the period from 1st July to 8th November.
The company added that an encouraging autumn selling season had been maintained in recent weeks.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Sales per outlet was flat at 0.51 per week during the period, compared to the year before, averaging 0.62 during the autumn selling season.
However, the company said sales prices were slightly ahead of expectations.
Galliford's construction arm reported a £1.6bn order book, in line with expectations, noting a number of key projects wins in the period in both the private and public sector.
Chief executive Greg Fitzgerald said that while the economic outlook continued to be uncertain, both the housebuilding and construction divisions had made a good start to the financial year.
"Overall the group is well positioned to deliver further profitable growth in the current financial year and beyond," he said.
MM
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Review: Shangri-La Rasa Ria – a walk on the wild side in Malaysia
Travel Vaishali Varu connects with nature with a stay at Shangri-La Rasa Ria on the island of Borneo
-
How have the original AIM stocks performed over 30 years?
As AIM celebrates its 30th anniversary this month, we take a look at the original AIM stocks – and how they have performed. Which company has posted a 6,331% return, and which one has fallen 99%?