Morgan Lovell bolsters Morgan Sindall Group's 2024 half year success

Morgan Lovell’s performance has not only contributed to its own success but has also bolstered parent company, Morgan Sindall Group’s overall performance.

Morgan Sindall Group delivered another record set of results in the first half, once again reflecting the high-quality of its operations and the talent and commitment of its people. Group revenue increased by 14% to £2.2bn, adjusted operating profit before tax was up 17% to £70.1m and the interim dividend up 15% to 41.5 pence per share. The Group’s balance sheet remains strong with net cash of £351m, and together with its high-quality secured order book of £8.7bn, the Group is well-positioned for the future.

Chris Booth, Morgan Lovell’s Managing Director comments, “Our talented team play a pivotal role in accomplishing these results. Their actions every day reflect the shared company and Group values. Morgan Lovell’s success is also bolstered by its impressive client portfolio. Their clients' commitment and passion to workplace excellence has been instrumental in shaping Morgan Lovell's success and driving the company's growth.”

Some of the high-quality projects Morgan Lovell has been appointed to deliver during the period include Wood Group, Mapletree, Accrue Capital, Aurora Energy Research, Sage UK and Trinity Life Sciences.