Overbury's contribution enhances Morgan Sindall Group's positive financial results

The company has worked collaboratively with its delivery partners to serve the diverse needs of occupants and landlords across several sectors, including commercial offices, higher education and life sciences.

Parent company, Morgan Sindall Group delivered a strong performance in 2023 against a difficult market backdrop. The results were another record for the Group and reflected the strength and breadth of the Group’s operations and the talent and commitment of its people.

Group revenue increased by 14% to over £4.1bn, while adjusted operating profit before tax was up 6% to £144.6m. The Group’s balance sheet remains strong with net cash of £461m, and its high-quality secured order book of £8.9bn, up 5% on the prior year leaves the Group well-positioned for the future and on track to deliver a result for 2024 in line with its current expectations.

Chris Booth, Managing Director of Overbury, looks back on the year's achievements: “This year's accomplishments reflect our team's hard work and the strong partnerships we've formed. Our dedication to meeting client needs, combined with the precise execution of projects, has contributed significantly to our success. It's important to recognise that these achievements are the result of the collective effort of everyone involved, showcasing the strength and commitment within Overbury.”