Morgan Sindall Group (MGNS) Trading Update summary

Trading performance and outlook

• Fit Out division trading momentum has accelerated, now expected to exceed both previous expectations and the top end of revised medium-term targets of £60–£85 million.

• All other divisions are performing broadly in line with prior guidance and expectations.

• Full year 2025 results are now anticipated to be slightly ahead of market consensus, which is based on an adjusted profit before tax of £178.0 million.

• Next scheduled trading update will be provided on 1st May 2025.

Management and contacts

• Kelly Gangotra, Chief Financial Officer, is responsible for the announcement.

• Contact details for further enquiries include John Morgan and Kelly Gangotra at Morgan Sindall Group, and Jonathan Glass and Tom Pigott at Brunswick.