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Galliford success blighted by fall in land values

Galliford Try, the infrastructure and housing com-pany that owns Morrison Construction in Scotland, turned in record profits in several divisions in the year to June, but the housing slump forced it to declare a writedown in land values.

Galliford Try, the infrastructure and housing com-pany that owns Morrison Construction in Scotland, turned in record profits in several divisions in the year to June, but the housing slump forced it to declare a writedown in land values.