Morgan Sindall Shares Soar Amid Strong Trading Activity

Tuesday, Jun 17, 2025 11:15 am ET1min read

Morgan Sindall shares have surged 15.6% to £44.40 after the construction company raised its annual pre-tax profit forecast, citing strong trading activity in its Fit Out arm. The company expects profits to exceed forecasts in its construction segment, supported by revenue-beating expectations and an operating margin within its target range. All other segments are on track to perform in line with estimates. The firm has enjoyed a surge in trade related to retrofitting offices since the Covid-19 pandemic.

Morgan Sindall Plc (LSE: MSL) has seen its shares surge 15.6% to £44.40 following the construction company's upward revision of its annual pre-tax profit forecast. The firm attributed the positive outlook to robust trading activity in its Fit Out division, which is expected to significantly exceed prior expectations [1].

The upgrade comes just months after Morgan Sindall last revised its 2025 profit forecast in March. The company's latest trading update highlighted sustained strong momentum in the Fit Out segment, which has been the most dynamic sector for the firm this year. This momentum has led to increased visibility for the remainder of the year and has contributed to the company's overall profit forecast being significantly ahead of previous expectations [2].

Moreover, Morgan Sindall's Construction business has been performing well, with revenues and profits expected to surpass group expectations. The operating margin for the year is anticipated to sit within the middle of its medium-term target range of 3.0% to 3.5%. The company's other divisions, including Partnerships Housing, are on track to perform in line with previous expectations [3].

The company's strong performance has been supported by a surge in trade related to retrofitting offices since the Covid-19 pandemic. Morgan Sindall's half-year results for the six months to 30 June will be announced on 29 July.

References:
[1] https://www.building.co.uk/news/morgan-sindall-upgrades-profit-forecast-for-second-time-in-less-than-three-months/5136561.article
[2] https://constructionwave.co.uk/2025/06/17/morgan-sindall-raises-profit-forecast-as-fit-out-market-proves-strongest-sector-all-year/
[3] https://www.constructionnews.co.uk/financial/morgan-sindall-profit-to-significantly-exceed-expectations-17-06-2025/

Morgan Sindall Shares Soar Amid Strong Trading Activity

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