News 3rd August 2021 Morgan Lovell’s high level of performance contributes to Morgan Sindall Group’s Half Year Results Morgan Lovell’s contribution to parent company results demonstrates the positivity, strength and high quality of the business. As part of Morgan Sindall Group plc, specialist office design and build company Morgan Lovell is proud play such a positive role in 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. “We have worked hard to deliver exceptional service and high quality fit outs in COVID-safe environments across London and the south of England. This achievement is a testament to our people and supply chain who have designed and built workplaces that are shaping the office of the future. The results give us confidence in the full year ahead and beyond,” said Chris Booth, managing director of Morgan Lovell. Significant projects won since February 2021 include: The design and build of Hutchinson 3G UK/Three’s new 117,000 sq. ft. workspace in Longwater, Reading The Cat A fit out of 180,000 sq. ft. at Campus Reading (one of the largest office developments in the Thames Valley) Significant completion since February 2021: Generation Investment Management, London Generation Investment Management, London Generation Investment Management, London London 16 Noel Street, London, W1F 8DA 020 7734 4466 Email Southern Maxis 1, Western Road, Bracknell, Berkshire RG12 1RT 01344 353 800 Email Privacy Terms & conditions Gender Pay Gap Modern Slavery A Morgan Sindall Group company. © Morgan Lovell 2021. All rights reserved. Site by Pepper