Morgan Sindall Group (MGNS)

Sector:

Construction and Building Materials

Index:

FTSE 250

2,205.00p
   
  • Change Today:
    -10.00p
  • 52 Week High: 2,285.00
  • 52 Week Low: 1,608.00
  • Currency: UK Pounds
  • Shares Issued: 47.36m
  • Volume: 60,943
  • Market Cap: £1,044.25m
  • RiskGrade: 151

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

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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 2,205.00p
Change Today -10.00p
% Change -0.45 %
52 Week High 2,285.00
52 Week Low 1,608.00
Volume 60,943
Shares Issued 47.36m
Market Cap £1,044.25m
RiskGrade 151

MGNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.67% below the market average12.67% below the market average12.67% below the market average12.67% below the market average12.67% 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
83.30% above the market average83.30% above the market average83.30% above the market average83.30% above the market average83.30% above the market average
80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average
Income
67.67% above the market average67.67% above the market average67.67% above the market average67.67% above the market average67.67% above the market average
37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average
Growth
24.79% below the market average24.79% below the market average24.79% below the market average24.79% below the market average24.79% below the market average
51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% below the sector average51.22% 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
  Interim Final
Ex-Div 05-Oct-23 27-Apr-23
Paid 26-Oct-23 18-May-23
Amount 36.00p 68.00p

Trades for 21-Feb-2024

Time Volume / Share Price
11:45 49 @ 2,205.00p
11:45 37 @ 2,205.00p
11:37 101 @ 2,205.00p
11:37 17 @ 2,205.00p
11:35 28 @ 2,207.18p

MGNS Key Personnel

CEO John Christopher Morgan
Finance Director Steve Crummett

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