REG - Morgan Sindall Grp - Trading Update and Outlook for 2025

Morgan SindallAnnouncement

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RNS Number : 0626N  Morgan Sindall Group PLC  17 June 2025

This announcement contains information that qualified, or may have qualified,
as inside information for the purposes of Article 17 of the Market Abuse
Regulations (EU) 596/2014 (MAR). The person responsible for making this
announcement is Kelly Gangotra, Chief Financial Officer.

 

MORGAN SINDALL GROUP PLC

Trading Update and Outlook for 2025

"Group PBT is expected to be significantly ahead of previous expectations"

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services
Group, today announces an update on trading and the outlook for the 2025
financial year.

Since its last Trading Update on 1(st) May 2025, the Group now anticipates
that its full year results for 2025 will be significantly ahead of its
previous expectations.

Fit Out's strong trading activity experienced at the start of the year has
continued, providing increased visibility for the rest of the year. Profits
are now expected to significantly exceed the Group's previous expectations.

Construction's operating margin for the year is now expected to be in the
middle of its Medium Term Target range (3.0% - 3.5%) with revenues also set to
exceed previous expectations. As a result of this strong progress, profits are
expected to exceed the Group's previous expectations.

All other divisions remain on track to perform in line with the Group's
previous expectations. Consequently, Group PBT is now expected to be
significantly ahead of previous expectations.

The Group will announce its half year results for the six months to 30(th)
June 2025 on 29(th) July 2025.

 

Enquiries:

 Morgan Sindall Group  Tel: 020 7307 9200

 John Morgan

 Kelly Gangotra

 Brunswick             Tel: 020 7404 5959

 Jonathan Glass

 Tom Pigott

 

 

 

 

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