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Galliford Try - Strong start from Water side

April 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GFRD
  • Price:
  • 310p
Galliford Try is a top 10 construction contractor operating under the brands of Try, Galliford and Miller Construction and has been an electrifying investment in the past few months, with work selectivity allowing it to sidestep most of the problems in the sector. For instance, the latest monthly survey of industry purchasing managers indicated a decline in UK construction output last month, the same day I was speaking to Bill Hocking, chief executive of Galliford Try (GFRD; 310p). But as he says, this headline data isn’t entirely relevant to his business because since taking the helm in 2020, he has sold off its housebuilding arm and exited rail, sidestepping the problems that hit those sectors whilst increasing its presence in water, w ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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