Rocketing fit out market the driver behind upgraded targets, Morgan Sindall boss says

By Dave Rogers2022-02-25T07:00:00

Analysts expecting pre-tax profit of £180m within five years

A huge rise in the order book of its fit out business is behind Morgan Sindall announcing new targets for its businesses with some analysts suggesting profit at the group could hit £180m within five years.

The division saw a 119% rise in secured workload last year to £897m and chief executive John Morgan admitted: “Fit out’s order book is high. It’s also bigger and longer.”

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community