Galliford Try has returned to profit in the half-year ending 31 December 2020, despite a 12% decline in turnover.
The business recorded revenue of £374.5m for the period, down from £423.5m in the same period a year ago.
But its pre-tax profit increased to £4.1m from a £5.6m loss, and its operating margin has risen to 1.6% from 0.6%. The business has a medium-term margin target of 2.5%.
Meanwhile, its order book is up slightly to £3.3bn, from £3.2bn in December 2019.
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