Firm’s half year profit is ahead of expectations

A buoyant fit out market has seen Morgan Sindall perform ahead of expectations once again, posting pre-tax profit of £56.9m in its half-year results today.

That is up 4% on the £54.8m recorded for the six months to 30 June 2021 and has the group predicting full-year results “slightly ahead of expectations”.

John Morgan, CEO, Morgan Sindall Group

John Morgan, Morgan Sindall Group chief executive, said inflation was the main concern for the rest of 2022

The firm last year revised its profit forecast upwards four times on the back of