Galliford Try wins positions on NHS North of England framework

(Sharecast News) - Galliford Try announced on Tuesday that it has secured positions on the new £835m NHS North of England Commercial Procurement Collaborative (NOE CPC) specialist estates engineering and maintenance services (Hard FM) framework. The London-listed company said the achievement included its asset intelligence, facilities management (FM), and Oak specialist services businesses, marking a significant win for the company.

It said the framework, which would span a four-year period, would cover nine lots including security systems, fire protection, and hard FM services.

The board said the success aligned with its strategic objectives, as outlined during its capital markets event in May, where it announced plans to target revenue and margin growth for its specialist services division through to 2030.

"We are delighted to have been selected by NOE CPC for this framework that aligns with our sustainable growth strategy goals of expanding our specialist services businesses," said chief executive officer Bill Hocking.

"We look forward to working with NOE CPC's clients to maximise the benefits from the framework for all the stakeholders involved."

At 0832 BST, shares in Galliford Try Holdings were up 1.64% at 310p.

Reporting by Josh White for Sharecast.com.