Within the yr to 31st December 2025 Morgan Sindall Workforce made a benefit earlier than tax of £231.8m (2024: £171.9m) on income up 10% to £5,019m (2024: £4,546m).
Celebrity performer a number of the crew was once the fit-out industry, which delivered an running benefit up 41% to £139.9m (2024: £99.0m) on income up 37% to £1,784m (2024: £1,300m) with an running margin of seven.8% (2024: 7.6%).
Morgan Sindall Building grew running benefit by means of 20% to £37.0m (2024: £30.9m) with income up 11% to £1,159m (2024: £1,044m), turning in an running margin of three.2.
Infrastructure running benefit was once marginally down by means of 3% to £37.2m (2024: £38.5m) and income down 11% to £935m (2024: £1,047m) because of numerous early making plans and design actions for recently-awarded huge frameworks.
Partnership Housing higher running benefit by means of 16% to £42.0m (2024: £36.1m) on income up 5% to £903m (2024: £861m).
Workforce leader government John Morgan mentioned “Over the past yr we completed vital expansion in adjusted benefit earlier than tax, up 35% to £233m from the prior yr. We additionally persevered to make vital strategic development around the vast choice of sectors the crowd operates in, coming into 2026 with a report stage secured orderbook and paintings at most well-liked bidder degree up 17% to £19.1bn from the prior yr. Because of this, the enhanced outlook has given us the boldness to extend the medium-term objectives for each the Combined Use Partnerships and Infrastructure divisions.
“Our stability sheet, which is supported by means of a considerable moderate day-to-day money place, continues to permit us to concentrate on making the fitting choices to power long-term sustainable expansion whilst additionally supporting sturdy returns to shareholders within the yr, with the whole yr dividend expanding by means of 20% to 158p in line with proportion.
“Over the past 10 years we’ve delivered an 18% CAGR (compound annual expansion price) for adjusted benefit earlier than tax. This has been delivered by means of our decentralised running fashion via every of our 5 empowered companies according to our imaginative and prescient to harness the power of our groups to reach the incredible. Our efficiency is a outcome in their massive dedication, along with our deeply held core values, as they’ve responsibly conquer demanding situations and brought benefit of alternatives with tempo and agility, whilst making their companies even higher.”
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