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RNS Number : 5088D
Galliford Try PLC
17 May 2012
GALLIFORD TRY AWARDED GBP80 MILLION KINGSKERSWELL BYPASS CONTRACT
Galliford Try, the housebuilding and construction group, announces that it has been awarded an GBP80 million contract to construct the A380 South Devon Link Road for Devon County Council and Torbay Council.
The 5km dual carriageway will run between Newton Abbot and Torquay, bypassing the village of Kingskerswell. The majority of the scheme is funded by the Department of Transport with significant additional support from Devon County Council and Torbay Council. Detailed design work is due to begin this month with construction to complete by the end of 2015.
Greg Fitzgerald, Chief Executive of Galliford Try, commented:
"We are delighted to be awarded this major and prestigious contract which will result in significant economic and environmental benefits and also improve safety. The link road is a great opportunity for us to further strengthen our presence in the south-west, a region where we are well established as a housebuilder."
For further enquiries:
Galliford Try - Greg Fitzgerald, Chief Executive 01895 855001
Frank Nelson, Finance Director
Louise Mantio, Communications Director
Notes to Editors
Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. The housebuilding business - through its Linden Homes brand - sells distinctive homes to the public and affordable homes to housing associations and local authority providers across the South and South East of England. The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the last financial year to June 30 2011, the Group generated revenues of GBP1.3 billion.
This information is provided by RNS
The company news service from the London Stock Exchange
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