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Galliford Try

Galliford Try
Type Public (LSE: GFRD)
Industry Construction
Founded 1908
Headquarters London , UK
Key people Ian Coull, (Chairman)
Greg Fitzgerald, (CEO)
Revenue £1,467.3 million (2013)[1]
Operating income £84.1 million (2013)[1]
Net income £58.2 million (2013)[1]
Website www.gallifordtry.co.uk

Galliford Try plc is a leading UK construction business. It is listed on the London Stock Exchange and is currently a constituent of the FTSE 250 Index.

Contents

  • History 1
  • Operations 2
  • Major Contracts 3
  • References 4
  • External links 5

History

The Company was created in 2000 through a merger of Try Group plc, founded by WS Try in 1908 in London, and Galliford plc.[2]

Galliford’s roots date back to 1916, but the steamroller hire business was closed down during the Second War. Thomas Galliford’s four sons later re-formed the business and Galliford & Sons was incorporated in 1952. Galliford developed primarily as a civil engineering business but it entered the private housing market in 1973 with the acquisition of Crabb Curtis. The housing contribution was late extended through Stamford Homes and, in 1998, the acquisition of Midas Homes, by which time the group was building around 500 houses a year.[3]

Try operated as a general contractor until the early 1970s, when Try Homes was formed. Despite acquisitions, housing remained on a relatively small scale, peaking at around 200 units a year in the early 1990s.[3]

The Company acquired Morrison Construction from AWG plc in 2006[4] and Kendall Cross in 2007.[5]

It entered the housebuilding business acquiring Gerald Wood Homes in 2001,[2] Chartdale in 2006[6] and Linden Homes in 2007.[7] As part of a drive to increase housing unit output Galliford Try acquired Rosemullion Homes, and Wrights of Hull over the last six months of 2009. All the individual house building divisions were re-branded as Linden Homes in 2011.[8]

Operations

The Centre Court roof built by Galliford Try

The Company is organised as follows:[9]

  • Building
  • Infrastructure
  • PPP investments
  • Housebuilding
  • Affordable housing & regeneration
  • Social Housing Responsive and Planned Maintenance
  • Facilities Management

Major Contracts

Major projects include the Centre Court roof at Wimbledon completed in 2009[10] and the restoration of the St. Pancras Renaissance London Hotel completed in 2011.[11]

References

  1. ^ a b c Annual Results 2013
  2. ^ a b Galliford Try: History
  3. ^ a b Wellings, Fred: Dictionary of British Housebuilders (2006) Troubador. ISBN 978-0-9552965-0-5
  4. ^ AWG sells building arm to Galliford Telegraph, 2 March 2006
  5. ^ Galliford Try buys Kendall Cross for £9.3m Building, 15 November 2007
  6. ^ Galliford buys Chartdale for £67m Contract Journal, 19 January 2006
  7. ^ Galliford Try buys Linden Homes for £244.5m Building, 8 February 2008
  8. ^ "Galliford Try Homes acquires new land as part of expansion plans". smartnewhomes.com. 12 January 2010. Retrieved 19 March 2010. 
  9. ^ Galliford Try: About us
  10. ^ Galliford Try: £60m profit Contract Journal, 11 September 2008
  11. ^ Galliford Try checks into Midland Grand Times online, 17 February 2009

External links

  • Official site
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