Housebuilder and user of brick tools Galliford Try has revealed it experienced a strong year in the construction industry, despite challenging economic conditions.
In the company's year-end report, it noted pre-tax profits of £19.2 million and a 30 per cent increase in sales currently reserved, news that those in the building sector may find encouraging.
Chief executive of the organisation Greg Fitzgerald stated the firm is "on track" to achieving its housebuilding growth outlined last year.
He remarked: "The strength of the group's finances and the spread of its activities leaves us, subject to economic uncertainties, well positioned to deliver our planned progress."
According to Mr Fitzgerald, the enterprise has also managed to maintain a high-quality order book and planned for expected cuts to public sector funding.
The business recorded a six per cent increase to its order book, which totalled £1.8 billion.
Last month, a Galliford Try-led consortium clinched a £300 million private sector partner deal for the development of community facilities across south-east Scotland.
Posted by Ryan Gilbert
In the company's year-end report, it noted pre-tax profits of £19.2 million and a 30 per cent increase in sales currently reserved, news that those in the building sector may find encouraging.
Chief executive of the organisation Greg Fitzgerald stated the firm is "on track" to achieving its housebuilding growth outlined last year.
He remarked: "The strength of the group's finances and the spread of its activities leaves us, subject to economic uncertainties, well positioned to deliver our planned progress."
According to Mr Fitzgerald, the enterprise has also managed to maintain a high-quality order book and planned for expected cuts to public sector funding.
The business recorded a six per cent increase to its order book, which totalled £1.8 billion.
Last month, a Galliford Try-led consortium clinched a £300 million private sector partner deal for the development of community facilities across south-east Scotland.
Posted by Ryan Gilbert