Construction and regeneration group Morgan Sindall has announced a positive start to the year in its Interim Management Statement covering the period 1 January 2010 to date.

The Group's forward order book has increased since the start of the year from £3.2 billion to £3.6 billion. In addition to the forward order book, Morgan Sindall's urban regeneration division’s development pipeline remains at £1.4 billion. The financial position of the Group remains strong, with average cash for the year to date increasing over the level achieved for the comparable period in 2009. Overall, there have been no significant changes to the Group’s financial position since the publication of the Annual Report and Accounts for the year ended 31 December 2009.

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The firm remains well positioned to face the challenges ahead and to benefit from opportunities as they present themselves.

(CD/GK)