{"id":29669,"date":"2025-03-25T04:02:05","date_gmt":"2025-03-25T11:02:05","guid":{"rendered":"https:\/\/essential.construction\/news\/morgan-sindall-upgrades-forecast-for-next-12-months\/"},"modified":"2025-03-25T04:02:05","modified_gmt":"2025-03-25T11:02:05","slug":"morgan-sindall-upgrades-forecast-for-next-12-months","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/morgan-sindall-upgrades-forecast-for-next-12-months\/","title":{"rendered":"Morgan Sindall upgrades forecast for next 12 months"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-496183\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>In an unscheduled trading update, the firm said its Overbury fit-out firm enjoyed a flying start to the new financial year and was on track to yet again drive growth in profits ahead of expectations.<\/p>\n<p>The firm is benefitting from a surge in London office upgrade work as developers compete to attract big-name tenants with energy efficient revamps of their office space.<\/p>\n<p>Its trading statement said: \u201cSince the Group announced full year results on 26 February 2025, the fit out division has experienced an acceleration in its trading momentum and is now expected to exceed both the group\u2019s previous expectations and the top-end of its revised medium term targets of \u00a360-\u00a385m.<\/p>\n<p>\u201cElsewhere, all other divisions are broadly on track to perform in line with the group\u2019s previous guidance and expectations.\u201d<\/p>\n<p class=\"aa\">Morgan Sindall said it now anticipates that its full-year results for 2025 will be slightly ahead of market consensus set at an adjusted pre-tax profit around \u00a3178m.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n<div class=\"author-info\">\n<div class=\"sleeve\">\n<div class=\"author-avatar\">\n<div class=\"sleeve\">\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/userphoto\/2.jpg\" alt=\"Aaron Morby\" width=\"150\" height=\"150\" class=\"photo\">\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><!-- .author-info -->\t\t\t<\/footer>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.constructionenquirer.com\/2025\/03\/25\/morgan-sindall-upgrades-forecast-for-next-12-months\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] In an unscheduled trading update, the firm said its Overbury fit-out firm enjoyed a flying start to the new &#8230; <a title=\"Morgan Sindall upgrades forecast for next 12 months\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/morgan-sindall-upgrades-forecast-for-next-12-months\/\" aria-label=\"Read more about Morgan Sindall upgrades forecast for next 12 months\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[],"class_list":["post-29669","post","type-post","status-publish","format-standard","hentry","category-construction-enquirer","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/29669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=29669"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/29669\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=29669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=29669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=29669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}