Overbury’s high level of performance contributes to Morgan Sindall Group’s Half Year Results

As part of the Morgan Sindall Group plc, national fit out and refurbishment specialist Overbury is proud to have sustained its high level of performance contributing to the success of the Group's 2021 half year results.

"Morgan Sindall Group has delivered a record set of results for the first half of 2021, with trading substantially ahead of ‘pre-pandemic’ 2019 levels. Compared to 2019, revenue was up 10% to £1,559m (HY 2019: £1,421m) with adjusted operating profit of £54.8m (HY 2019: £37.5m), up 46%. The Group’s balance sheet has also further strengthened, with net cash of £337m and average daily net cash for the half of £294m. With three profit upgrades in the first half of the year and a high quality order book with a secured workload of £8.3bn, level with year-end, the Group is well-positioned for continued future growth." commented John Morgan, Morgan Sindall Group's Chief Executive.

“Our promise to deliver exceptional service and high quality fit outs in COVID-safe environments has been a driving force for the business over the last 18 months. The efforts from all our staff and supply chain has helped us achieve a strong and resilient half year performance. Together, we have confidence in the full year and beyond,” said Chris Booth, managing director of Overbury.

Significant projects won since February 2021 include:

• 366,000 sq. ft. office fit out at Five Bank Street in Canary Wharf
• 186,457 sq. ft. workspace for BT at 3 Snowhill in Birmingham
• BP’s new 200,000 sq. ft. space in the North Colonnade building in Canary Wharf
• 11 projects to the value of £116.3m under a framework for The Mayor’s Office for Policing and Crime (MOPAC)

Significant completions since February 2021 include:

• HMRC, Stratford
• Royal College of Physicians, Liverpool
• Mazars, Birmingham