| Galliford Try releases positive trading figures |
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Posted: Wednesday, January 11, 2012 3:36 pm
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 Graylingwell Park in Chichester, Sussex
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Galliford Try plc, the housebuilding and construction group, have today released an update on their trading for the half year ended 31 December 2011. The update reveals strong trading figures for the group.
Highlights include; a 59% increase in total housebuilding completions to a record 1,352 units; a 42% increase in total sales reserved, contracted and completed; a 36% increase in unit sales per outlet per week; 75% of 10,400 plot landbank now secured at current market values; 100% of projected revenue for current financial year secured with 62% for year to 30 June 2013; £1.6 billion order book in line with expectations; 41% of order book in regulated sector, 45% in public and 14% in private maintains a quality spread of future revenues.
Greg Fitzgerald, Chief Executive, commented: "The board has been encouraged by the progress in housebuilding as our southern biased business performed strongly despite the general economic uncertainty. The spread of long term work in the Group's construction business is underpinning its resilience in challenging market conditions. The Group therefore remains on track to meet its expectations for the financial year."
The group expects to announce its results for the half year on 22 February 2012. |
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