Galliford Try PLC
10 September 2003
10 September 2003
GALLIFORD TRY SIGNS SCOTTISH WATER CONTRACT
Galliford Try is pleased to announce that it has signed a contract with Scottish
Water, commencing immediately, to help deliver part of their four year £1.8
billion capital investment programme up until 2006.
The capital programme will be managed by Scottish Water Solutions, a consortium
consisting of Galliford Try (in partnership with United Utilities and Morgan
Est), Scottish Water and Stirling Water.
David Calverley, Chief Executive of Galliford Try, said:
'This contract confirms Galliford Try's construction division as one of the
leading suppliers of construction services to the water industry. Water is one
of our core growth markets, and the contract adds to an already substantial
workload for the public and regulated sector.'
Geoff Aitkenhead, Scottish Water's Asset Management Director and Chairman of
Scottish Water Solutions, said:
'Scottish Water has inherited an ageing infrastructure which is in urgent need
of upgrading. Our challenge is to do in four years what some privatised English
water companies achieved in ten.
'Through the economies of scale and knowledge sharing which Scottish Water
Solutions brings, we can start to accelerate improvements to secure the
essential water and waste water services for over 2.2 million homes and
businesses across Scotland. In addition, we can progress one of the largest
environmental clean-ups Scotland has seen.'
- ends -
Enquiries to:
David Calverley, Chief Executive Telephone: 01895 855219
Frank Nelson, Finance Director Telephone: 01895 855226
Ann marie Wilkinson/James Chandler
Beattie Financial Telephone: 020 7398 3300
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.