Tag Archives: galliford try

Galliford Try Issues Profit Warning as New Project Problems Start to Bite

By | April 17, 2019

Shares in housebuilder/constructor Galliford Try (LON:GFRD) tanked 25% on Tuesday as further problems to its construction projects has meant cost overruns eat into profits. The share price action was immediate and sustained: As in common with many companies offering profit warnings nowadays, this does not show the extent of the destruction of value for shareholders,… Read More »