March 12, 2020 / 7:12 AM / 19 days ago

BRIEF-UK watchdog says Galliford Try has corrected revenue overstatement

March 12 (Reuters) -

* FINDINGS OF FRC IN RESPECT OF REPORT AND ACCOUNTS OF GALLIFORD TRY PLC

* FRC RAISED A NUMBER OF ISSUES WITH COMPANY, INCLUDING RECOGNITION OF REVENUE ON CONSTRUCTION CONTRACTS

* FRC FOUND THAT GALLIFORD TRY OVERSTATED ITS REVENUE IN 2018, WHICH COMPANY HAS NOW CORRECTED. Source text for Eikon: Further company coverage: [ ] (Reporting By Huw Jones)

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