Morgan Sindall (GB:MGNS) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Morgan Sindall Group PLC has reported a record-breaking first half for 2024, with revenues surging by 14% to £2.2bn and adjusted profit before tax climbing 17% to £70.1m. The construction and regeneration specialist has also seen its net cash position strengthen to £351m, supported by a robust order book of £8.7bn. The company’s strong performance has led to a 15% increase in interim dividends, signaling confidence in its strategic and operational advancements, as well as a positive outlook for the full year.
For further insights into GB:MGNS stock, check out TipRanks’ Stock Analysis page.