Morgan Sindall Group is set to smash previous profit forecasts for 2025 after stronger-than-expected performances from its fit out and construction divisions.
Since its last update in May, the firm said it had enjoyed continued robust trading in its Overbury business, with full-year profits now anticipated to significantly outstrip earlier predictions.
The construction division is also delivering ahead of expectations, with operating margins set to land firmly within 3.0% – 3.5%.
Revenue growth in construction is similarly forecast to beat prior expectations, pushing profits upward.
Morgan Sindall said all other divisions remain on track, confirming the entire group’s pre-tax profits will now “significantly exceed” initial estimates for the year.
The firm will unveil detailed half-year results on 29 July.
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