Galliford Try Holdings Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line
Galliford Try Holdings (LON:GFRD) Full Year 2023 Results
Key Financial Results
Revenue: UK£1.39b (up 13% from FY 2022).
Net income: UK£9.10m (up 44% from FY 2022).
Profit margin: 0.7% (up from 0.5% in FY 2022).
EPS: UK£0.087 (up from UK£0.058 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Galliford Try Holdings Earnings Insights
The primary driver behind last 12 months revenue was the Building segment contributing a total revenue of UK£797.1m (57% of total revenue). Notably, cost of sales worth UK£1.29b amounted to 93% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£86.1m (93% of total expenses). Explore how GFRD's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Construction industry in the United Kingdom.
Performance of the British Construction industry.
The company's shares are up 26% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Galliford Try Holdings that you should be aware of before investing here.
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