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Home News Overbury makes excellent contribution to Morgan Sindall Group's 2024 half year results
Thursday, 8th August 2024
Overbury announces excellent half year financial results, making a positive contribution to Morgan Sindall Group’s performance. Overbury’s results reflect its dedication to fulfilling the Group's vision and making a positive impact in the industry.
Morgan Sindall Group delivered another record set of results in the first half, once again reflecting the high-quality of its operations and the talent and commitment of its people. Group revenue increased by 14% to £2.2bn, adjusted operating profit before tax was up 17% to £70.1m and the interim dividend up 15% to 41.5 pence per share. The Group’s balance sheet remains strong with net cash of £351m, and together with its high-quality secured order book of £8.7bn, the Group is well-positioned for the future.
In a statement, Chris Booth, Overbury’s Managing Director attributed the company's achievements to its talented staff and their unwavering commitment to shared company and Group values. The dedication, expertise and collaborative spirit of the team have been crucial in driving Overbury's growth and financial success.
He also recognises the strength of its clients and consultant partners. Through partnerships, Overbury has been able to deliver high-quality fit out that meet clients' evolving needs and ultimately contribute to the Group's impressive financial results.
Some of the high-quality projects Overbury has been appointed to deliver across the UK during the period include PwC, Latham & Watkins, Unilever, Lloyds Banking Group, Motability, AstraZeneca, Standard Chartered Bank, King’s College London, Birmingham City University and the University of Wolverhampton.