Galliford Try's northern division set to make £60m in 3 years

Galliford Try Parternship’s northern division looks set to double its turnover from £30m to £60m in the next three years, its managing director is claiming.

Stephen McCoy says the past year has been “transformational” for the division, which has more than doubled its workforce by taking on 30 new staff, and has moved into new headquarters.

He said: “The company has changed the type of business it is targeting and we’re much more focused on housing and mixed tenure sites – it’s a change of direction that’s paying dividends. We have been more successful in securing key projects and are currently on 14 sites – compared to maybe four or five last year. We’ll top £30m turnover this year and if all goes to plan, we could be up at £60m in three years.”

Current schemes include work for Cestria Housing Association, Homes for Northumberland, Leazes Homes and Home Group as well as the redevelopment of a former school in Hartlepool for Vela Group.

Linden Homes, the company’s new build homes for sale division, has just started work on a Gateshead regeneration scheme which will eventually involve 2,500 new homes.

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