Galliford Try has clocked up its fifth straight year of growth as profits more than doubled and cash hit £238m.

Revenue rose 6% to £1.88bn in the year to June 2025 while statutory pre-tax profit jumped to £44m from £19m.

The contractor also delivered its 3% divisional margin target a year early, as evenly matched building and infrastructure divisions delivered ahead of expectations.

The order book now stands at £4.1bn, up from £3.8bn, giving good future visibility with 92% of revenue already secured for the current financial year and 75% for 2027, a company forward work record.

Chief executive Bill Hocking said Galliford Try had delivered another strong year with improvements in revenue, profit, margin and cash.

He said the firm was now ideally positioned to benefit from government investment in water, highways, defence, custodial, education and affordable homes.

“Revenue growth is expected flatten during the transition in the crucial water sector from AMP7 to AMP8 but after that water work is starting to look very strong for 27/28.”

“We remain confident of further margin improvement on the path to a 4% divisional margin by 2030,” he added.

Infrastructure revenues grew 11% to £903m with profit up 36% to £27m at a 3% margin.

New work included positions on National Grid’s £59bn framework, NEPO’s £1bn civils framework, Banwell Bypass in North Somerset and Yorkshire Water’s £850m AMP8 non-infrastructure deal. The infrastructure order book now totals £1.69bn.

Building revenues edged up 3% to £965m with profit up 17% to £28m at a 2.9% margin.

Major wins included Ministry of Justice fire safety schemes at HMP Wakefield and HMP Moorland and a £63m job at RAF Digby, alongside £133m of work transferred from ISG’s administration. The building order book increased to £2.45bn.

The strong performance over the year saw net cash climb to £238m with average month-end cash of £179m.

That supported a 23% rise in the full-year dividend to a record 19p a share and plans for another £10m share buyback on top of the £10m programme completed earlier this year.