Proactive - Interviews for investors

Galliford Try CEO on strong 2024 results, growth strategy to 2030

Episode Summary

Galliford Try Holdings PLC (LSE:GFRD) CEO Bill Hocking talked with Proactive's Stephen Gunnion about the company’s impressive growth, highlighted by their 2024 full-year results. Galliford Try reported revenue growth of 27%, reaching £1.8 billion, with profit before tax up 40% from the previous year. The company also revealed a £10 million share buyback and a £3.8 billion order book. Hocking emphasised strong risk management and strategic selectivity as key drivers of this performance, which has set them up for future success. Hocking also outlined Galliford Try's sustainable growth strategy, targeting revenues of £2.2 billion and an operating margin of 4% by 2030. He noted that growth will be driven by core sectors such as infrastructure and building, as well as the company's re-entry into the affordable housing market. "Our strategy is all about being selective, focusing on high-quality projects, and building a strong balance sheet," said Bill Hocking. Visit Proactive's YouTube channel for more interviews with industry leaders, and don’t forget to give this video a like, subscribe, and enable notifications for future content. #GallifordTry #BillHocking #ConstructionIndustry #RevenueGrowth #UKInfrastructure #SustainableGrowth #AffordableHousing #RiskManagement #BusinessStrategy #StockMarket #ProactiveInvestor #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews