Galliford Try takes another hit on problem-plagued Aberdeen road job

By Jordan Marshall2018-09-12T06:11:00

The company made a writedown of £20m in the second half of its financial year.

Galliford Try has been forced to make a further £20m writedown on its disasterous Aberdeen road job.

The firm wrote off £25m on the project in the first half of its financial year, with the total additional charge to date now sitting at £123m.

Galliford Try said the writedown "reflected the additional share of costs taken on following the insolvency of Carillion, one of our two joint venture partners, and further cost rises in the second half of the financial year, driven mainly by poor weather conditions".

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