Morgan Sindall eyes bumper 2026 on record workload

Morgan Sindall has lined up another profit upgrade after its high-flying Fit Out arm roared into 2026 ahead of plan.

The group said trading momentum has accelerated since the turn of the year, putting 2026 on course to beat previous expectations.

A 17% jump in secured order book and preferred bidder work to £19.1bn has given the contractor its strongest ever opening position for a new financial year.

In a trading update ahead of releasing 2025 full-year results due in a fortnight, the firm said confidence around converting preferred bidder schemes has strengthened, while tender pipelines in Fit Out have firmed up.

That sharper visibility means Fit Out profits in 2026 are now expected to land significantly ahead of expectations and comfortably above the top end of its £80m–£100m medium-term target range.

That outperformance is expected to pull the wider group ahead of previous guidance for 2026.

The rest of the business spanning Partnerships, Construction and Infrastructure is trading in line with expectations.

Source Link: https://www.constructionenquirer.com/2026/02/12/morgan-sindall-eyes-bumper-2026-on-record-workload/