Firm set to unveil record set of figures when 2025 results unveiled later this month
Two weeks before it is due to announce a record set of results for last year, Morgan Sindall has upgraded its profit forecast for 2026 on the back of an ongoing fit out boom.
In an unscheduled trading update this morning, the firm said: “Since the start of the year confidence levels have increased with regards to the conversion of preferred bidder work and future tender opportunities for the Fit Out division, providing increased visibility for the rest of the year.
“Fit Out’s profits for 2026 are now expected to be significantly ahead of expectations and significantly above the top end of the medium-term target of £80-100m, driving a Group outlook for 2026 also ahead of expectations.”
It said its secured order book at the start of the year was up 17% to £19.1bn on the same period last time.
The firm said all its other divisions – which include partnerships and construction – “remain on track to perform in line with the group’s previous expectations [for 2026]”.
Morgan Sindall will announce its 2025 results on 25 February.
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