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Galliford Try says too early to predict Brexit vote impact

Reuters - UK Focus

LONDON, July 12 (Reuters) - British housing and construction firm Galliford Try (LSE: GFRD.L - news) said on Tuesday it was too early to predict the effect of Britain's decision to leave the European Union but said it expected its full-year profit to be in line with expectations.

The firm built 3,078 homes in the year to the end of June, up from 2,769 a year earlier, it said in a trading statement.

Its full-year pretax profit is expected to rise to 132.4 million pounds ($173 million) from 117 million, according to a Thomson Reuters (Dusseldorf: TOC.DU - news) poll of five analysts.

"The balance of our businesses and the strength of our order books mean that we are well-placed to manage the impact of this uncertainty," it said regarding the impact of Britain's June 23 referendum on leaving the EU.

($1 = 0.7652 pounds) (Reporting by Costas Pitas; editing by Jason Neely)