Morgan Sindall resists strong headwinds to grow orders

Morgan Sindall said this morning that its business remained on track to hit profit forecasts for the year despite a more challenging economic backdrop.
The firm reported its group order book to be slightly ahead of the half-year at £8.8bn and most parts of the construction business would meet targeted margins.
Cost inflation and raised interest rates had created some scheme viability challenges at the Muse urban regeneration arm, while operating margins at the housing property services bus