Firm sticks to earlier forecast that year-end number will be ahead of previous 拢178m consenus
Morgan Sindall said trading this year has been better than expected thanks to a ongoing fit out boom.
In a trading update this morning, chief executive John Morgan said: 鈥淪ince the start of the year, trading has been better than we originally expected and looking ahead to the rest of the year, our high-quality secured order book gives us strong confidence of delivering a full year performance in line with our current expectations.鈥�
In March, Morgan Sindall upgraded its forecast for its 2025 results saying that 鈥渁n acceleration in its trading momentum鈥� at the fit-out arm meant full-year results for the group will 鈥渂e slightly ahead of [the] market consensus鈥� of an adjusted pre-tax profit of 拢178m.