Galliford Try Share Discussion Threads

[ayl30] 21/2/2017 07:17

Seems a confident enough statement, let's see what comes out of the analysts meeting

[the_equaliser] 20/2/2017 12:13

FizzyPop

My pleasure sir

[fizzypop] 20/2/2017 12:08

Thanks T_E most useful.

[the_equaliser] 20/2/2017 11:25

With goverment saying 2 billion help
Possible 14 new Villages

Gfrd is in to rejuvernation - Sure Goverment mentioned this

I see good interims results

[the_equaliser] 20/2/2017 11:22

Some old news as how well Gfrd were are doing

Revenue including its share of joint ventures rose 10% to �2,670 million (2015: �2,431 million). Group revenue, excluding joint ventures, was 6% higher at �2,495 million (2015: �2,348 million). Profit from operations, which is stated before finance costs, exceptional items, tax and our share of joint ventures' interest and tax, rose 13% to �157.5 million (2015: �138.9 million).

This resulted in profit before tax of �135.0 million, up 15% from �117.7 million (pre-exceptional) in 2015, principally reflecting revenue growth and improving margins in Linden Homes and Partnerships. Earnings per share increased by 14% to 132.5 pence (2015: 116.3 pence pre-exceptional), with post-exceptional earnings per share up 17%.

The group said: "Average net debt during the year was �204 million and year end net debt was �8.7 million, both of which were in line with our plans as we continue to invest in the growth of Linden Homes and Partnerships. We enjoy strong support from our syndicate banks, and during the year we agreed an increase in our bank facility by �50 million to �450 million, on the same terms, in particular to create comfortable headroom for the faster expansion of Partnerships and Regeneration."

The group says it continues to purchase land on deferred payment terms where possible, in order to optimise its return on capital employed.

Group return on net assets, which is profit before tax, finance costs and amortisation, divided by average net assets, increased to 25.3% from 23.3%, reflecting profit growth across the Group.




Broker Forecast - Peel Hunt issues a broker note on Galliford Try PLC
BFN
Peel Hunt today reaffirms its buy investment rating on Galliford Try PLC (LON:GFRD) and cut its price target to 1650p (from 1675p).

[fizzypop] 20/2/2017 10:42

Good news tomorrow guys.

21/02/17 Half Year Results

21/02/17 2017 Interim Dividend announcement date

I reckon 30 to 31p interim divi (26p last year).

[deb81e] 13/2/2017 11:51

What a brill investment this has been for me, half my portfolio in this @ £11.32

[scanjet17] 10/2/2017 14:09

Phil Oakley's weekly roundup for Sharescope subscribers features a search for stocks with dividend qualities. Search parameters:

Dividend yield of at least 3%
Forecast dividend growth of at least 10%
Forecast dividend cover of at least 1.5 times.

Which instument came out top?

Yep, you guessed it.

[fizzypop] 09/2/2017 19:49

What interim divi are we likely to get in March ... 30p?
Was 26p last year.

[noiseboy] 04/2/2017 09:45

What other long term stocks like this do you own scanjet17?

[scanjet17] 03/2/2017 13:50

This is one of the best instruments out there for easy money. I've held it for 12 years now. A great growth share with an excellent dividend. Collect a few stocks like this in your portfolio and you will discover the meaning of the stock market being a vehicle for the transference of wealth from the impatient to the patient.

[fizzypop] 03/2/2017 13:36

1400p reached.

[spudders] 02/2/2017 17:13

Anyone going to the presentation? Not far from me so I may attend 👍🏻

[stoph] 11/1/2017 07:14

Lat year Trading Statement on 13th Jan so I am still expecting an update

[speedsgh] 10/1/2017 17:52

Looks like you may have to wait until Interims on 21/2...

[stevenrevell] 10/1/2017 15:45

That's what it says anyone no anything else

[touche] 10/1/2017 07:40

Thought we would get a TS?

[revell40] 06/1/2017 15:51

10 Jan tradeing statement

[micos] 05/1/2017 16:44

Feb 21 methinks

[revell40] 05/1/2017 16:21

Anyone no when the next tradeing announcement is ta

[plasybryn] 04/1/2017 15:28

Chart looking quite nice again.

[arcadian] 07/12/2016 23:20

It is still one of the best buys in the sector especially for income and recovered --losing only what it gained yesterday.