Unlike their major competitors, Morgan Sindall seems to have buckled the trend with some positive trading results. The news is a welcome relief for the construction sector.
Strong trading during the first half has been driven by margin and profit growth in Fit Out and margin improvement in Construction and Infrastructure. The first half is expected to see profit before tax of around £23.5m. This is a 45% growth on the previous year.
Morgan Sindall has been on a work-winning streak and have topped the latest 12-month rolling contracts league table.
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