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Morgan Sindall

  • Morgan Sindall: Shares in FTSE 250 firm hit record high amid profit boom

    Business

    Shares in Morgan Sindall hit a record high on Tuesday after it said annual profit would come in “significantly ahead” of expectations. The firm’s stock soared more than 17 per cent in early deals to around 4,515p. Morgan Sindall, the construction and regeneration group which employs over 8,000 people, said its outperformance had been driven [...]

    Shares in Morgan Sindall have hit a new record high.
  • Morgan Sindall hikes dividend as revenue hits record

    Industrials

    Morgan Sindall, the UK-based construction and regeneration group, has reported record results for the year ending 31 December 2024. The group recorded a 10 per cent increase in revenue to £4.55bn, while adjusted operating profit rose 15 per cent to £162.6m. Adjusted profit before tax grew by 19 per cent to £172.5m, with adjusted earnings [...]

    Breedon Group posted record annual revenue of £1.58bn, up six per cent year-on-year and driven by its move to the US.
  • Morgan Sindall: Profit at construction firm set to surpass expectations

    Business

    Profits in the Fit Out division have continued to "strengthen significantly" due to exceptional volumes and will "materially exceed" expectations, it said.

    Since entering office, planning reforms have been central to the government's attempts to stimulate higher economic growth.
  • Morgan Sindall: FTSE 250 construction group continues run of growth

    August 8, 2024

    Construction and regeneration group Morgan Sindall has reported yet another half of double-digit revenue and profit growth. The FTSE 250 constituent, which is headquartered in London and helped expand Whitechapel station for Crossrail in 2021, hailed a “record” performance in the six months to 30 June. Revenue jumped 14 per cent from £1.9bn to £2.2bn. [...]

  • Morgan Sindall: Construction giant enjoys ‘record’ year, hopes for lower rates to boost industry

    February 22, 2024

    The company reported £4.1bn in revenue for the full year up to 31 December 23, up from £3.6bn in the previous year.

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