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Morgan Sindall sees profits fall a third but revenues stand firm

Morgan Sindall withstood the ravages of Covid-19 in 2020 to deliver more than £60m pre-tax profit on group revenues down just 1%.

For the year to 31st December 2020 Morgan Sindall generated revenue of £3,034m (2019: £3,071m). Pre-tax profit down 31% to £60.8m (2019: £88.6m)

Chief executive John Morgan said that the company had provide resilient in the face of the challenges and an £8bn order book left the business well-positioned for the years ahead.

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