Galliford Try Holdings PLC (FRA:3WC)
€ 4.42 -0.12 (-2.64%) Market Cap: 452.42 Mil Enterprise Value: 243.58 Mil PE Ratio: 10.89 PB Ratio: 3.09 GF Score: 72/100
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Half Year 2022 Galliford Try Holdings PLC Trading Statement Call Transcript

Jan 18, 2023 / 09:00AM GMT
Release Date Price: €1.88 (+2.17%)
Operator

Good morning, and welcome to the Galliford Try Trading Update. My name is Charlie, and I'll be coordinating the call today. (Operator Instructions)

I'll now hand over to your host, Bill Hocking, Chief Executive, to begin. Bill, please go ahead.

Bill Hocking
Galliford Try Holdings plc - Chairman of Executive Board, CEO & Executive Director

Thanks, Charlie. Good morning, everyone, and thank you for joining us. Bill Hocking here, Chief Exec, and I'm here with Andy Duxbury, Finance Director.

I'm sure you've all seen the trading update (inaudible) going to take you to a few of the highlights. And in a nutshell, the first half has seen us trading in line with our expectations. We managed -- speaking of the drivers, our last -- the second half of last (inaudible) the year well. There's no material impact on our trading, and that gives us confidence for the full year through the end of June.

The balance sheet demand is really strong. Cash has held well in the period. It was GBP 154 million under the average nontender cash, which we're

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