Close
Tuesday, March 11, 2025

Morgan Sindall announces strong half year results

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Bamboo Flooring Market to Hit $1.88B by 2032

The Bamboo Flooring Market research is the most recent...

Waterproof Flooring Market to Reach $144.09B by 2032

Market Unlocking Potential for Waterproof Flooring by Means of...

Ceramic Tiles Market to Reach $176.86B by 2029

Ceramic Tiles Market Growth Trends by Type, Construction, Formulation,...

Asia-Pacific Floor Covering Market Outlook 2025-2030

There are four main segments of the Asia-Pacific floor...

Morgan Sindall Group plc, the construction and regeneration group announces its half year results.

Morgan Sindall Group has delivered profit growth in the first half of this year with adjusted operating profit up 28% to £31.9m (HY 2017: £24.9m) on revenue of £1,423m (HY 2017: £1,307m), a 9% increase on the previous half year. The Group reports an order book of £3,604m with adjusted earnings per share up 28% for the period to 55.6p (HY 2017: 43.6p). The interim dividend has been increased by 19% to 19.0p (HY 2017: 16.0p) with the Group confident of a strong performance for the second half of 2018.

“I am pleased to report another strong set of results, which demonstrate the considerable operational and strategic progress made across the Group,” says Chief Executive, John Morgan. “Fit Out and Construction & Infrastructure have both continued to deliver margin and profit growth, which has been complemented by a good performance from Urban Regeneration. There remain a significant number of opportunities in regeneration and our strong balance sheet and cash position leave us well-placed to invest further in this key strategic area.

“Based upon its current trading patterns and order book visibility, the second half outlook for Fit Out is very positive and as a result of this, the Group is on track to deliver a result for the year which is slightly ahead of its previous expectations.”

Latest stories

Related stories

Bamboo Flooring Market to Hit $1.88B by 2032

The Bamboo Flooring Market research is the most recent...

Waterproof Flooring Market to Reach $144.09B by 2032

Market Unlocking Potential for Waterproof Flooring by Means of...

Ceramic Tiles Market to Reach $176.86B by 2029

Ceramic Tiles Market Growth Trends by Type, Construction, Formulation,...

Asia-Pacific Floor Covering Market Outlook 2025-2030

There are four main segments of the Asia-Pacific floor...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back