Morgan Sindall Group Earnings Call Transcripts
Fiscal Year 2025
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Delivered record profits, strong cash flow, and double-digit growth in revenue and operating profit. Order book and future pipeline remain robust, with increased targets for key divisions, though housing and Fit Out markets face headwinds.
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Record first-half results with 7% revenue and 40% operating profit growth, strong cash, and a 24% larger order book. Upgraded medium-term targets for fit out and construction, with continued investment in partnerships and positive market outlook.
Fiscal Year 2024
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Double-digit growth in revenue, profit, and dividend was achieved in 2024, supported by a strong balance sheet and record order book. Fit Out and Partnership Housing led performance, while Property Services completed remediation. Inflation and supply chain risks remain key headwinds.
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Record first-half results with double-digit growth in revenue, profit, and dividend, supported by a robust balance sheet and strong order book. Fit Out and Infrastructure led segment growth, while Property Services faced one-off losses but is on track for turnaround. Supply chain risks and inflation remain key watchpoints.