Half Year 2025: “We have continued to make significant strategic and operational progress across the group. I am particularly pleased that today we are increasing the medium term targets for both the fit out and construction divisions. Following two profit upgrades this year, we are on track to deliver a result for 2025 in line with current expectations."
Morgan Sindall Group plc
Construction
Leading UK construction and regeneration group with £4.5bn revenue, operating in public, regulated and private sectors.
About us
Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported annual revenues of £4.5bn in full year 2024, employing over 8,000 employees and operating in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure, and Property Services.
- Website
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http://www.morgansindall.com
External link for Morgan Sindall Group plc
- Industry
- Construction
- Company size
- 5,001-10,000 employees
- Headquarters
- London
- Type
- Public Company
- Specialties
- Construction and Infrastructure, Affordable Housing, Fit Out, Urban Regeneration, Investments, Design, Property Services, Regeneration, and Place making
Locations
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Primary
Get directions
Kent House
14-17 Market Place
London, W1W 8AJ, GB
Employees at Morgan Sindall Group plc
Updates
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Half Year 2025: “It has been another record first half year for Morgan Sindall. These results further demonstrate our track record of delivering strong revenue and profit growth, robust cash generation enabling continued investment in our Partnership businesses, while importantly supporting strong dividend growth”
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FULL-YEAR 2024: Looking forward, while there is continued uncertainty in the wider macroeconomy, we remain positive for the year ahead. Together with our high-quality and growing order book spread across a wide number of sectors, we are well-positioned for the future and on track to deliver an outcome for 2025 which is in line with our current expectations.
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Today we announced that the Group has delivered another record set of results in the first half, once again reflecting the high quality of its operations and the talent and commitment of our teams. Revenue was up 14% to £2.2bn, our profit before tax was up 17%, to £70.1m, and we have declared an interim dividend of 41.5 pence per share which is up 15%. In addition, the Group’s balance sheet remains strong with net cash of £351m. Following our strong trading performance in the first half, combined with the high-quality secured order book and visibility for the rest of the year, we now expect to deliver a result for the full year which is slightly ahead of our previous expectations. The results video (below) will give you more colour on all the good work this past year. Click the play button on the image below to start.