Morgan Sindall Group plc said on Thursday that its results for 2026 were set to be ahead of expectations thanks to a strong performance from its Fit Out division.
In an update on trading for the 2025 financial year, the company said all divisions performed well with the group on track to deliver results in line with current expectations.
The construction company said it continued to make significant strategic progress across the wide number of sectors it operates in, entering this year with a record level secured orderbook and work at preferred bidder stage, up 17% to £19.1bn on the previous year.
In particular, it said confidence levels since the start of the year have improved with regards to the conversion of preferred bidder work and future tender opportunities for the Fit Out division, providing increased visibility for the rest of the year.
"Fit Out's 2026 profits are now expected to be significantly ahead of expectations and significantly above the top end of the medium-term target of £80-100m, driving a group outlook for 2026 also ahead of expectations," it said.
All other divisions are on track to perform in line with the group's previous expectations.