Morgan Sindall has reported a 37% rise in profits for the six months to 30 June 2017.

In its results, the Group stated profits has risen to £24.9m (2016: £18.2m) while revenue rose 14% to £1,307m (2016: £1,148m).

In addition, the company's order book increased 5% to £3,801m (2016; £3,637m).

Chief Executive, John Morgan, said: "This is a strong set of results, driven by another period of margin and profit growth in Fit Out and further progress on margin recovery in Construction & Infrastructure.

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"Reflecting our overall profit performance, our strong balance sheet and cash performance, and our confidence in the quality of our business, we are increasing the interim dividend by 23% to 16p per share.

"With the current trading patterns in Fit Out and the forward visibility provided by the size and quality of its order book, together with further margin improvement in Construction & Infrastructure and an increase in scheme completions in Partnership Housing and Urban Regeneration, we are confident of another strong performance by the Group in the second half."

(LM/MH)