Earnings call transcript: Inter Cars posts strong H1 2026 growth, stock slips

Galliford Try reported improved profit and cash position for H2 2026, with revenue growing 3% to £1.93 billion. Adjusted profit before tax rose 24% to £55.9 million, while adjusted basic earnings per share increased 23.1% to 42.4 pence. The company announced a £15 million share buyback, bringing its year-end cash to £259 million.

Adjusted operating profit rose faster than revenue, showing better margins. Management highlighted a strong order book and pipeline, as well as disciplined execution across building, infrastructure, and specialist services. The infrastructure division delivered stronger results, helped by high demand during a dry summer. Galliford Try's shares rose 6.37% to $651, close to its 52-week high.