Galliard profit slumps by 93%

By Joey Gardiner2022-09-12T06:00:00

Don O'Sullivan, Chief Executive, Galliard Homes 2

London housebuilder’s figures reflect big drop in turnover and big pay-off to outgoing CEO

London-focused housebuilder Galliard saw pre-tax profit slump by 93% in the year to March 2022 as its turnover dropped and it was hit by a series of exceptional charges.

According to accounts filed in Companies House, the housebuilder reported pre-tax profit of just £4.6m, down from £66.4m, on turnover of £204m, itself down 32%.

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