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Morgan Sindall Group PLC (MGNS.L)

MGNS.L on London Stock Exchange

1,388.00GBp
23 Nov 2017
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1,520.00
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700.00

Latest Key Developments (Source: Significant Developments)

Morgan Sindall forecasts higher FY performance
Wednesday, 1 Nov 2017 03:00am EDT 

Nov 1 (Reuters) - MORGAN SINDALL GROUP PLC ::‍TRADING IN SECOND HALF OF YEAR HAS CONTINUED TO BE STRONG.‍ON TRACK TO DELIVER A FULL YEAR PERFORMANCE SLIGHTLY AHEAD OF ITS PREVIOUS EXPECTATIONS​.‍EXPECTS THAT ITS AVERAGE DAILY NET CASH FOR FULL YEAR WILL BE IN EXCESS OF £100M, AHEAD OF PREVIOUS GUIDANCE OF NOT LESS THAN £75M​.COMMITTED ORDER BOOK AS AT 30 SEPTEMBER 2017 WAS £3.8BN, UP 5 PCT FROM YEAR END POSITION​.‍REGENERATION & DEVELOPMENT PIPELINE OF £3.3BN WAS UP 2 PCT FROM YEAR END​.‍PROPERTY SERVICES IS PROPOSING TO EXIT ITS LEGACY INSURANCE SERVICES BUSINESS.‍PROPERTY SERVICES INSURANCE EXIT, COST OF STREAMLINING CONTRACT PORTFOLIO WILL IMPACT ITS OPERATING RESULT WITH FY LOSS OF C£1M EXPECTED​.  Full Article

Morgan Sindall interim dividend up 23 percent to 16 pence per share
Tuesday, 8 Aug 2017 02:20am EDT 

Aug 8 (Reuters) - Morgan Sindall Group Plc ::INTERIM DIVIDEND UP 23 PERCENT TO 16 PENCEPER SHARE.H1 REVENUE £1,307 MILLION STG VERSUS £1,148 MILLION STG.H1 ORDER BOOK UP 5% TO £3.8BN.  Full Article

Morgan Sindall says HY trading ahead of last year
Wednesday, 19 Jul 2017 02:00am EDT 

July 19 (Reuters) - Morgan Sindall Group Plc ::Trading for six months to 30 June 2017 has been substantially ahead of prior year comparative period.Trading in H1 has been strong, driven primarily by margin and profit growth in fit out and by margin improvement in construction & infrastructure.HY results for group are expected to show profit before tax in region of 23.5 mln stg, reflecting growth on prior year of around 45 pct.  Full Article

Morgan Sindall gets two-year contract extension worth potential 60 mln pounds
Tuesday, 20 Jun 2017 02:00am EDT 

June 20 (Reuters) - Morgan Sindall Group Plc ::Gets two-year contract extension worth potential 60 mln stg.Contract extension will run until Oct 2019 and enable western power distribution to maintain and enhance its electricity network.  Full Article

Morgan Sindall Group FY group adjusted profit before tax up 32 pct
Thursday, 23 Feb 2017 02:32am EST 

Morgan Sindall Group Plc : Morgan Sindall Group Plc - FY group adjusted profit before tax up 32 percent to 45.3 million STG . Morgan Sindall Group Plc - FY order book up 29 percent to 3.6 billion STG . Morgan Sindall Group Plc - FY total dividend per share 35 pence versus 29 pence year ago . Morgan Sindall Group Plc - FY profit before tax 43.9 million STG versus pre-tax loss of 14.8 million STG . Morgan Sindall Group Plc - says confident in outlook and expects positive momentum across group to continue through 2017 and beyond .Morgan Sindall Group Plc - says "well-placed to deliver a result for the year which is slightly above our previous expectations".  Full Article

Morgan Sindall wins share of 500 mln stg transport infrastructure contract
Thursday, 5 Jan 2017 03:54am EST 

Morgan Sindall Group Plc : Morgan Sindall Group Plc TfL contract win . Awarded share of 500 mln stg TfL surface transport framework . Awarded one of three places on Transport for London's (TfL) surface transport major projects framework .Four-Year framework is anticipated to be worth 500 mln stg between three appointed contractors and will commence in early 2017.  Full Article

Morgan Sindall Group names Michael Findlay as chairman
Monday, 3 Oct 2016 02:43am EDT 

Morgan Sindall Group Plc : Michael replaces Adrian Martin who, as previously advised, steps down from board as chairman and from board .Appointment of Michael Findlay as chairman, with immediate effect.  Full Article

Morgan Sindall says Chairman Adrian Martin to step down
Tuesday, 2 Aug 2016 02:00am EDT 

Morgan Sindall Group Plc : Chairman, Adrian Martin, has informed board of his intention to step down by year end .A search for a new chairman is underway, and a further announcement will be made in due course.  Full Article

Morgan Sindall says H1 pretax profit 15.4 million stg
Tuesday, 2 Aug 2016 02:00am EDT 

Morgan Sindall Group Plc : Interim dividend up 8 percent to 13 penceper share . H1 pretax profit 15.4 million stg versus -27.2 million stg loss year ago . H1 revenue 1.148 billion stg, level with year ago .Group is on track to deliver a full year result slightly above its previous expectations..  Full Article

Morgan Sindall Group PLC gives FY 2016 outlook
Thursday, 5 May 2016 02:00am EDT 

Morgan Sindall Group PLC:Says group performance has been in line with the board's expectations as set out at the time of the full year results on 23 February 2016 and the croup remains in a strong position to deliver on its expectations for FY 2016.  Full Article

UPDATE 1-British builder Morgan Sindall lifts earnings forecast again

Nov 1 British builder Morgan Sindall raised its 2017 earnings forecast for the second time in four months on Wednesday, citing better margins in construction and its office installation and refurbishment business.