Morgan Sindall has said that it expects a strong full-year performance thanks to the full lineup of work it has scheduled for the rest of the year.
“Trading remains strong across the Group and our high-quality and growing workload leaves us well set for the future,” commented the chief executive, John Morgan.
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“Inflation in the supply chain remains manageable and based upon our current performance and the visibility we have for the rest of the year, we expect to deliver a full year performance which is slightly above our previous expectations.”
The group expects a full-year operating margin of approximately 3% and the average daily net cash is expected to be around £290m for the full year.