Fit-out firepower drives Morgan Sindall to record half-year
Morgan Sindall has delivered another record-breaking first half on the back of surging profits from its fit-out and construction arms.
Across the group revenue rose 7% to £2.4bn in the six month to the end of June with pre-tax profit up 37% to £96m.
The strong performance prompted a formal upgrade to targets across both fit-out and construction divisions.Fit-out once again led the charge, with profit soaring 41% to £58m on £838m revenue, delivering a powerful 6.9% margin.
Read more »