In an update today, Morgan Sindall said that 鈥渢rading has been strong and the positive momentum across the group has continued to accelerate鈥�.
Pre-tax profit for the six months to 30th June 2021 is expected to reach 拢53m (excluding any amortisation), compared to 拢15.7m in H1 2020 and 拢36.3m in H1 2019.
Average daily net cash for the first half of 2020 was 拢294m (2020: 拢153m). The net cash as at 30 June was 拢337m (2020: 拢146m).
Total group secured workload is 拢8.3bn, level with the year-end position and up 5% from the same time last year.
Morgan Sindall is scheduled to announce its half-year results on 4th August 2021.
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