The Galliford Try Holdings Plc Directors are recommending a final dividend of 11.5 pence per share which, subject to approval will be paid on 5 December 2024 to shareholders on the register at 8 November 2024. Together with the interim dividend of 4.0 pence per share paid in April 2024, this will result in a total full year dividend for 2024 of 15.5 pence per share.
Other financial highlights include:
Strong performance across all operations delivering increased revenue and profit, ahead of analysts' previous expectations at 1 July 2024.
Pre-exceptional profit before tax increased by 39.7% to £32.7m (2023: £23.4m).
Divisional operating margin increased 13bps to 2.5% (2023: 2.4%).
Well-capitalised debt-free balance sheet, £227.0m cash (2023: £220.2m), average month end cash for the year of £154.8m (2023: £134.7m), PPP asset portfolio of £41.8m (2023: £44.6m) and no pension liabilities.
Confident outlook with a high quality £3.8bn order book (2023: £3.7bn) positioned across their chosen sectors and 92% of FY25 revenue already secured.
Additional capital return through £10m share buyback programme.
Capital Markets Event, held on 23 May 2024, set out the Group's updated growth strategy and targets to 2030, building further on the strong operational and financial performance delivered since 2021.
