Morgan Sindall Group has announced a record set of results for the first half of 2021, with trading substantially ahead of 'pre-pandemic' 2019 levels. Compared to 2019, revenue was up 10% to £1,559million, with adjusted operating profit of £54.8m, up 46%. The Group's balance sheet has also further strengthened, with net cash of £337 million and average daily net cash for the half of £294 million. With three profit upgrades in the first half of the year and a high quality order book with a secured workload of £8.3bn, level with year-end, the Group is well-positioned for continued future growth.


Pat Boyle, Managing Director for Morgan Sindall Construction, said: "I am very pleased with our first half performance and the positive momentum we are continuing to build, which is testament to the exceptional work being delivered by our teams across the UK.

"We have a strong focus on sustainability, with our customers, colleagues and supply chain partners engaging positively with our Decarbonising Communities strategy. Modern methods of construction and digital technologies are also playing their part in our drive towards Net Zero."