Galliford Try boasts multiple contracts



LONDON (ShareCast) - Galliford Try (LSE: GFRD.L - news) , the housebuilding and construction group, said its construction division had won four new contracts worth a total of 55m pounds.

The largest is a £20m contract to construct a new Extra Care facility on behalf of Staffordshire County Council and The Wrekin Housing Trust.

The project provides for apartments, specialist care facilities, and the provision of a GP surgery and health centre.

The firm will also build a £16.7m research centre focused on all aspects of Chinese culture, for St Hugh's College, part of the University of Oxford.

The third contract is a £16.3m deal to build the new five-star Gainsborough Hotel in Bath, awarded by developers YTL.

The hotel, situated in a grade two listed building, will feature 99 bedrooms and include a health spa and conference facilities.

Finally, Gloucestershire County Cricket Club has instructed Galliford to carry out major improvements to the international cricket ground at Nevil Road in Bristol.

Works include a new media centre as well as conference and banqueting facilities in a contract worth £5m.

Galliford's Chief Executive Greg Fitzgerald said the contract awards showed that his firm could compete in different sectors and different regions across the country.