Morgan Sindall Group plc is a leading UK construction and regeneration group, employing around 7,200 people and operating in the public, regulated and private sectors.
It reports through five divisions of Construction & Infrastructure, Fit Out, Property Services, Partnership Housing and Urban Regeneration.
GROUP STRATEGY AND STRUCTURE
The Group's strategy is focused on its well- established core strengths of Construction and Regeneration in the UK. The Group has a balanced business which is geared toward the increasing demand for affordable housing, urban regeneration and infrastructure and construction investment.
REVENUE BY DIVISION
£1,569m
£696m
Construction &
Infrastructure
Partnership
£968m
Housing
£244m
Fit Out
Urban
£163m
Regeneration
Property
Services
Construction
Regeneration
Invests cash for
Generates cash
long-term value and
provides construction
opportunities
OPERATING PROFIT BY DIVISION
£52.1m
£37.4m
Construction &
Infrastructure
Partnership
£52.2m
Housing
£18.9m
Fit Out
Urban
£4.3m
Regeneration
Property
Services
FULL YEAR 2022 FINANCIAL PERFORMANCE
Group revenue
Secured workload
£3.6bn
£8.5bn
+12% YOY
-2% YOY
Group PBT*
Total dividend per share
£136.2m 101.0p
+7% YOY
+10% YOY
*Adjusted
RECORD FINANCIAL PERFORMANCE
GROUP PBT*
AVERAGE DAILY NET CASH
£136m
£256m
2022
2022
YEAR END NET CASH
£128m
£355m
2021
£64m
2022
2020
SECURED WORKLOAD
£7.6bn
£8.3bn
£8.6bn
£8.5bn
2019
2020
2021
2022
Construction - Divisional margin progression
CONSTRUCTION &
FIT OUT
PROPERTY
INFRASTRUCTURE
SERVICES
5.6%
5.4%
3.8%
3.3%
3.1%
2.6%
2021
2022
2021
2022
2021
2022
Regeneration - ROCE*
PARTNERSHIP HOUSING**
URBAN REGENERATION**
21%
19%
20%
13%
10%
7%
2020
2021
2022
2020
2021
2022
*Adjusted ** Restated to reflect the reorganisation of the Investments business
BUILDING A RESPONSIBLE BUSINESS
AAA ESG LEADERSHIP RATING AWARDED BY MSCI*
HIGHLIGHTS
ACHIEVING ENVIRONMENTAL GOALS
DELIVERING SOCIAL VALUE
"We remain committed to delivering economic, social
MSG partnership with RSPB Lakenheath Fen
CDP A score for leadership on climate change in 2022, three years in a row**
Total waste reduced by 56% in 2022. 96% of all waste diverted from landfill
Scope 1, Scope 2 and operational Scope 3 carbon emissions reduced by 40% since 2019 baseline
MS Property Services energy cafe
Lost Time Incident Rate reduced by 24% and RIDDOR Incidents reduced by 36%***
67 pence of social value created per £1 spent on 110 projects
25% female employees
9% of employees from ethnic minority backgrounds
and environmental value for all our stakeholders."
John Morgan
Chief Executive
* MSCI provides decision support tools and services for the global investment community
CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts
***The number of lost time incidents multiplied by 100,000 divided by the number of hours worked. The Reporting of Injuries, Diseases and Dangerous Occurrences Regulations 2013
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Morgan Sindall Group plc published this content on 23 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2023 09:46:05 UTC.
Morgan Sindall Group plc is a United Kingdom-based construction and regeneration company. The Company has six divisions: Construction, Infrastructure, Fit Out, Property Services, Partnership Housing and Urban Regeneration. Construction division is focused on the education, healthcare, commercial, industrial, leisure and retail markets. Infrastructure division is focused on highways, rail, energy, water and nuclear markets. Fit Out division is specialized in fit out and refurbishment in commercial, central and local government offices, retail banking and further education. The division also provides office interior design and build services direct to occupiers. Property Services division provides response and planned maintenance for social housing and the wider public sector. Partnership Housing division delivers housing through mixed-tenure and contracting activities. Urban Regeneration division works with landowners and public sector partners to transform the urban landscape.
MORGAN SINDALL GROUP PLC 
