Morgan Sindall Group has sharply upgraded its profit expectations for 2026, signalling a stronger-than-anticipated year driven by robust performances in its Construction and Fit-Out divisions.
Morgan Sindall
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UK construction group Morgan Sindall has reported a 10% rise in group revenue to £5 billion in its latest results. Adjusted profit before tax jumped 35% to £232.6 million, reflecting strong performances across Fit Out, Construction and Partnership Housing. Group PBTA margin rose to 4.6%,
Springfield Properties, Persimmon and Morgan Sindall have all revealed plans to suspend dividends to shareholders to preserve cash amid the COVID-19 outbreak.
