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Home News Overbury proudly contributes to Morgan Sindall Group’s financial success
Wednesday, 26th February 2025
Overbury’s strong performance in 2024 has played a key role in the financial results announced today, 26 February, by parent company, Morgan Sindall Group.
Commenting on today's results, Morgan Sindall Group Chief Executive John Morgan said: "2024 was another record year for the Group, reflecting the high quality of our diverse operations underpinned by the talent and commitment of our people, delivering significant double digit growth for both adjusted profit before tax and the full year dividend, supported by our high quality orderbook.
Group revenue increased by 10% to over £4.5bn, while adjusted operating profit before tax was up 19% to £172.5m. The Group’s balance sheet remains strong with net cash of £492m, and its high quality secured order book of £11.4bn, up 28% on the prior year leaves the Group well positioned for the future and on track to deliver an outcome for 2025 which is in line with its current expectations."
Chris Booth, Overbury’s Group Managing Director comments, "In 2024, our industry saw major change. We’ve remained focused on our core values and our success is testament to that. Our business is built on a foundation of excellence in delivering high quality projects for our clients, in partnership with consultants and our supply chain, all made possible by our dedicated and talented people."
In 2024, Overbury worked for with leading organisations across the UK, including A&O Shearman, Anglia Ruskin University, AstraZeneca, British Land at 1 Triton Square, Bruntwood Estates, Evelyn Partners, Investec, JLL, Johnson Matthey, Kings College London, Latham & Watkins, Lloyds Banking Group, Motability Operations, Newcastle University, PwC, Rabobank, Standard Chartered Bank, Unilever, University of Wolverhampton, VISA and Wise.