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Galliford Try Plc company history timeline

1908

Try was founded by William S Try, a carpenter, in 1908 in Uxbridge, west London.

1973

Galliford became a public company in 1965. It then entered the private housing market in 1973 with the acquisition of Crabb Curtis.

1998

The housing contribution was late extended through Stamford Homes and, in 1998, the acquisition of Midas Homes, by which time the group was building around 500 houses a year.

2011

All the individual house building divisions were rebranded as Linden Homes in 2011.

2018

On 27 March 2018, the company confirmed it had successfully raised £158m in a rights issue.

2019

Truscott left Galliford Try in March 2019 with Graham Prothero appointed as new CEO.

In April 2019, the company announced it would reduce its construction operation as part of a strategic review undertaken in light of additional costs from the AWPR project, and from Morrison Construction's role on the £1.35bn Queensferry Crossing project.

On 24 May 2019, Galliford Try's board rejected a £950m offer from Bovis Homes (led by former CEO Fitzgerald) for the Linden Homes and Partnerships & Regeneration businesses.

In July 2019, Galliford Try was suspended from the Prompt Payment Code for failing to pay suppliers on time.

2020

Following improvements in its payment performance, it was restored to the Prompt Payment Code in January 2020.

The sale of Galliford Try's housing interests to Bovis Homes - later renamed Vistry Group - was completed on 3 January 2020.

In July, the group was said to be considering a possible demerger of construction from the more profitable housing and partnerships business, potentially in 2020/21.

In a July 2020 trading update, Galliford Try reported an operating loss of 5% due to the pandemic.

During the COVID-19 pandemic in 2020, Galliford Try furloughed staff and suspended a previously announced dividend.

2021

In a March 2021 trading update, Hocking forecast Galliford Try would report a full-year profit of around £10m on revenues between £1.1bn and £1.3bn.

In October 2021, Galliford Try acquired NMCN's water business for £1m from NMCN's administrators.

In December 2021, the company moved its headquarters from Wolvey to the Gateway House development at Grove Park in Leicester.

RES13 ‐ Company business/ market purchases 12/11/2021

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Galliford Try Plc may also be known as or be related to GALLIFORD TRY LIMITED, Galliford Try, Galliford Try Plc and Galliford Try plc.