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Morgan Sindall CEO John Morgan has said the company’s cash pile will allow it to invest more in its Partnership Housing business. The division was branded ....
Morgan Sindall has smashed its pre-pandemic revenue, profit and cash levels in the first half of 2021. Strong recovery from the pandemic coupled with significant margin improvement across its major divisions helped the group post a strong set of results for the six months to 30 June 2021. Pre-tax profit stood at £54.1m, which was more than triple the £16m it reported last year when trading had been badly affected by the pandemic. But its profit level was also significantly up on the £36.7m it reported in 2019. Group revenue was £1.56bn, well ahead of its 2020 level and higher than the £1.42bn it reported in 2019, which had been a record year for the contractor. ....
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Morgan Sindall's full year results to be 'significantly' ahead of expectations yorkshirepost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yorkshirepost.co.uk Daily Mail and Mail on Sunday newspapers.