Morgan Sindall Group (MGNS)

Sector:

Construction and Building Materials

Index:

FTSE 250

 2,345.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 2,360.00
  • 52 Week Low: 1,608.00
  • Currency: UK Pounds
  • Shares Issued: 47.36m
  • Volume: 42,513
  • Market Cap: £1,110.59m
  • RiskGrade: 151

Morgan Sindall sees FY in line as inflation falls 'in some areas'

By Frank Prenesti

Date: Thursday 04 May 2023

LONDON (ShareCast) - (Sharecast News) - Construction group Morgan Sindall held annual guidance as it said general market conditions coming into 2023 had continued to ease, with inflation falling "in certain areas".
The total secured workload for the group at the end of March was £8.8bn, up 4% from the year-end and up 2% versus the prior year, the company said on Thursday.

This comprised the construction secured order book of £4.9bn, up 7% from the year-end and up 9% versus the prior year, and the regeneration secured order book of £3.9bn, which was up 1% from the year end and down 6% versus the prior year.

"Based on the current visibility of workload for delivery through the remainder of the year, the Group is confident of delivering a full year performance which is in line with its expectations and with more of a weighting towards the first half than in recent years," said chief executive John Morgan.

Reporting by Frank Prenesti for Sharecast.com

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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 2,345.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 2,360.00
52 Week Low 1,608.00
Volume 42,513
Shares Issued 47.36m
Market Cap £1,110.59m
RiskGrade 151

MGNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
14.4% below the market average14.4% below the market average14.4% below the market average14.4% below the market average14.4% below the market average
47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average47.37% below the sector average
Price Trend
79.65% above the market average79.65% above the market average79.65% above the market average79.65% above the market average79.65% above the market average
85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average85.37% above the sector average
Income
67.71% above the market average67.71% above the market average67.71% above the market average67.71% above the market average67.71% above the market average
43.75% above the sector average43.75% above the sector average43.75% above the sector average43.75% above the sector average43.75% above the sector average
Growth
12.80% above the market average12.80% above the market average12.80% above the market average12.80% above the market average12.80% above the market average
7.32% below the sector average7.32% below the sector average7.32% below the sector average7.32% below the sector average7.32% below 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
  Final Interim
Ex-Div 25-Apr-24 05-Oct-23
Paid 16-May-24 26-Oct-23
Amount 78.00p 36.00p

Trades for 01-Mar-2024

Time Volume / Share Price
16:35 19,034 @ 2,345.00p
16:35 1 @ 2,345.00p
16:35 132 @ 2,345.00p
16:35 103 @ 2,345.00p
16:35 105 @ 2,345.00p

MGNS Key Personnel

CEO John Christopher Morgan
Finance Director Steve Crummett

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