Morgan Sindall weathering costs storm to stay on track for targets

By Dave Rogers2022-05-05T07:11:00

Analysts expecting profit to be around £127m this year

Morgan Sindall said trading is continuing as normal despite ongoing inflation and supply chain issues, with the firm confirming its partnership housing business has signed the government’s pledge to fix cladding on residential buildings of 11m and above.

The firm, which last year revised its profit forecast upwards four times, said trading was in line with expectations despite the “significant challenge” of rising costs.

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