Morgan Sindall Group (MGNS)

Sector:

Construction and Building Materials

Index:

FTSE 250

 3,815.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 3,955.00p
  • 52 Week Low: 2,035.00p
  • Currency: UK Pounds
  • Shares Issued: 47.95m
  • Volume: 0
  • Market Cap: £1,829.20m
  • RiskGrade: 151
  • Beta: 0.99

Morgan Sindall lifts guidance as fit-out unit earnings surge

By Frank Prenesti

Date: Thursday 29 Jun 2023

LONDON (ShareCast) - (Sharecast News) - Construction group Morgan Sindall lifted annual guidance driven by a strong performance from its fit-out division in the first half.
The company on Thursday said the division had continued to perform strongly since a trading update in May and was now expected to show a 40% year-on-year first-half profit rise.

"Consequently, as a result of the continued strong momentum in Fit Out and its forward order book for the second half, together with the anticipated net prospects for the rest of the group, the Board now expects full year profit for the group to be ahead of its previous expectations," Morgan Sindall said.

Reporting by Frank Prenesti for Sharescast.com

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MGNS Market Data

Currency UK Pounds
Share Price 3,815.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 3,955.00p
52 Week Low 2,035.00p
Volume 0
Shares Issued 47.95m
Market Cap £1,829.20m
Beta 0.99
RiskGrade 151

MGNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.69% below the market average82.69% below the market average82.69% below the market average82.69% below the market average82.69% below the market average
73.68% below the sector average73.68% below the sector average73.68% below the sector average73.68% below the sector average73.68% below the sector average
Price Trend
97.47% above the market average97.47% above the market average97.47% above the market average97.47% above the market average97.47% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
7.17% above the market average7.17% above the market average7.17% above the market average7.17% above the market average7.17% above the market average
17.24% below the sector average17.24% below the sector average17.24% below the sector average17.24% below the sector average17.24% below the sector average
Growth
46.81% above the market average46.81% above the market average46.81% above the market average46.81% above the market average46.81% above the market average
61.11% above the sector average61.11% above the sector average61.11% above the sector average61.11% above the sector average61.11% above the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MGNS Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Oct-24 25-Apr-24
Paid 24-Oct-24 16-May-24
Amount 41.50p 78.00p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

MGNS Key Personnel

CEO John Christopher Morgan
CFO Kelly Gangotra

Top of Page