Key investments: house building and construction

 

Yesterday GALLIFORDTRY  produced an IMS confirming business is developing as planned. More importantly the appointment of the new CEO is confirmed with the existing CEO Gregg Fitzgerald staying as non exec Chairman for two years which is good news and we should continue to see exceptional growth as existing plans come to fruition.

A small but positive move is the acquisition of Shepherd Homes in York to increase the house building division. Shepherd is well known locally.
With a good dividend increase again expected with the next set of figures, Galliford remains one of our KEY investments.