Morgan Sindall lifts profit targets after blockbuster first half

Morgan Sindall has hiked profit targets for its Construction and Fit Out businesses after a record first half powered by booming building workloads and a surge in margins.
This morning the contractor posted pre-tax profit of £116m for the six months to 30 June, up 22% on last year, as revenue climbed 8% to £2.56bn.Net cash strengthened to £418m while its secured order book reached £12.2bn, swelling to £19.5bn including preferred bidder work.Construction and Fit Out