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Neil Tague The property business has reported pre-tax profit of £53.1m, with turnover and net cash also seeing healthy increases in the first six months of 2021. Morgan Sindall, which includes Muse Developments, fit-out arm Overbury and housing business Lovell Partnerships along with eponymous construction, investment and property services businesses, said that pre-tax profit was up by 286% on the first half of Covid-hit 2020, but also 46% up on H1 2019’s figure. Sales across the business reached £1.5bn, up 14% year-on-year and 10% on the 2019 figure, while net cash has more than doubled since this time last year, up from £146m to £337m. A dividend of 30p per share is to be paid.

United kingdomCity ofJohn morganNeil tagueMorgan sindallMatt cromptonEnglish cities fundVictoria office buildingNew victoria office buildingMuse developments and morgan capitalNew victoriaMuse developmentsLovell partnershipsFour new baileyCentral salfordஒன்றுபட்டது கிஂக்டம்