Yesterday’s Interim Results from Galliford Try (LON:GFRD) worked wonders for the construction group’s shares, lifting them 10% higher to close at 384p, valuing the whole business at £391m.
Brokers have reiterated their views on this group’s progression, while I take the view that the group has a solid balance sheet, is debt free, well capitalised, with exciting growth prospects.
The Business
This Uxbridge-based group, operating as Galliford Try and Morrison Construction, employs over 4,000 people as it carries out building and infrastructure projects with clients in...