Author Topic: Galliford Try shares up 48% and profits up 80% in 2012  (Read 5206 times)

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Galliford Try shares up 48% and profits up 80% in 2012
« on: September 24, 2012, 10:32:51 am »
Whilst the housing market may be in the doldrums, house builder Galliford Try has had a good year.
The company focuses building new homes in the South East of England trading under its Linden Homes brand.

The company added to its landbank in 2009 at a time when land prices were at rock bottom.
This has resulted in profits increasing 80% to £63.1 million in the year to 30 June 2012.
The company is also increasing the dividend payment to shareholder 88% to 30p for the year to June 2012.

Since January 2012, the Galliford Try share price has risen 49% to 710p.

Confirmation house builder's priority is all about figures, profit and the City?
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