Field View Customer Morgan Sindall Shares 5 Things Learned
Morgan Sindall’s half-year results have shown improvements in revenue, profit, margin and its cash position, but what are the key takeaways from the firm’s figures?
Morgan Sindall informed the stock market last month that it would beat expectations ahead of today’s half-year results, and the figures have shown a marked improvement across much of the group.
The contractor saw revenue rise 14 per cent to £1.31bn for the six months to 30 June 2017, up from £1.15bn in the same period a year earlier, while adjusted pre-tax profit was up 47 per cent to £23.7m, compared with £16.1m.
But speaking to Construction News, chief executive John Morgan revealed further key highlights of the results, including progress on some major schemes and the company’s focus over the next six months.