Q4 2021 Galliford Try Holdings PLC Trading Statement Call Transcript
Welcome, everybody, to Galliford Try's trading update. My name is Simona, and I will be coordinating your call today. (Operator Instructions)
I will now hand you over to your host, Bill Hocking, CEO of Galliford Try, to begin. Bill, please go ahead.
Great. Thanks, Simona. Good morning, all. Thank you for joining. I'll keep it fairly short, then we'll have time for some questions.
So all in all, a really good year for us and really pleased with our performance in the year with good progress against our margin improvement targets and as you see in the statement, PBT expected to be towards the upper end of consensus. Maintained a really strong balance sheet with average net cash of about GBP 164 million.
All our sites are operational. There was no further impact from COVID. And all of them are underpinning our medium-term margin aspirations.
Really strong order book both in terms of its quantum and in terms of its quality and with the strong pipeline that
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