Bullish Morgan Sindall expecting 2021 to be record year

Morgan Sindall Construction stock

Chief executive John Morgan says profit will bounce back from covid hit to reach new heights

Morgan Sindall expects to report a record year of profit in 2021, shrugging off the impact of covid-19 which sent last year’s pre-tax profit down by one third.

Chief executive John Morgan called last year an “anomaly” as the pandemic ushered the firm to a 31% fall in pre-tax profit to £61m.

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