Construction and infra margins hit 3.2% at Morgan Sindall

Morgan Sindall saw profit margins hit 3.2% at its main Construction & Infrastructure division during the first half of this year.
Results released today for the six months to June 30 show group pre-tax profits up to £53.7m from £52.4m last time on an increased  turnover of £1,698m from £1,559m.
Morgan Sindall said it has been offsetting industry inflation by a combination of “contractual protection, operational efficiencies, flexible sourcing and (in the ca