Yorkshire schemes provide boost for Morgan Sindall

MORGAN Sindall, which has a number of schemes in Yorkshire, has posted a rise in half year revenue during a “challenging” period.

By The Newsroom
Tuesday, 4th August 2015, 9:21 am
Visualisation of University of York's Environment Building
Visualisation of University of York's Environment Building

The group’s operating profit before amortisation and exceptional operating items was £15.5m, compared with £15.2m in the same period the year before.

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Revenue was £1,152m, a 15 per cent increase over the same period last year.

Morgan Sindall is on site and close to handing over The University of York’s new £9.9m Environment Building which will house the University’s Environment Department and the York Environmental Sustainability Institute. The three-storey development at the Russell Group Institution’s Heslington Campus will include almost 4,000 sq m of office, laboratory and teaching space, along with an auditorium housed in an oval rotunda.

Pat Boyle, managing director of Morgan Sindall’s Construction and Design business, said: “Morgan Sindall has continued to secure and deliver strategically important contracts across our business throughout 2015, whilst our commitment to working safely and sustainably, providing exceptional service to our stakeholders and ensuring effective cost management, has remained paramount. This achievement is testament to the professionalism of our people, our ability to provide a fully integrated offering on complex projects and the strength of relationships we have with our customers, supply chain and joint venture partners. We remain well positioned to capitalise on further opportunities throughout the remainder of the year.”