Morgan Sindall Infrastructure, which has regional offices and sites across the UK, has contributed to annual results released today (20 February 2020) by parent company Morgan Sindall Group plc, the construction and regeneration group.

Morgan Sindall Group plc delivered strong profit growth in 2019, with adjusted profit before tax up 11% to £90.4m on revenue of £3,071m, up 3%. In addition, the Group’s balance sheet remains strong, with average daily net cash in the year increasing to £109m and year end net cash of £193m. With its secured workload up 14% to £7.6bn, the Group is well-positioned for future growth and another good year of progress is expected in 2020.

Simon Smith, managing director for Morgan Sindall Infrastructure, said: “We’re delighted with these results - we believe in improving the infrastructure of the UK for everyone and are committed to making this a reality in all aspects of our work. This commitment extends from the successful delivery of the projects themselves, to our social value work where we manage a number of social enterprise schemes focused on creating jobs in areas otherwise lacking in opportunities. We look forward to working with all our stakeholders to continue this trajectory for the benefit of everyone.”

Across our business, the focus remains on the key sectors of aviation, highways, rail, nuclear, energy and water.

In Aviation, the division continued operations at Heathrow under the Q6 framework, completing the Block 21 outer taxiway and works to a number of landside roads and car parks. The framework has been extended by a further two years to the end of 2021, and works have started on phase two of the southern runway.

In Highways, construction began in joint venture on the M27 and M62 schemes, awarded by Highways England at the start of the year. Works also started on the redevelopment of the Old Street roundabout under a framework with Transport for London. Ongoing projects include the refurbishment of the M5 Oldbury Viaduct; preparation works for new roads and pavements as part of the Sighthill regeneration in Glasgow; and a total of six projects under the Midlands Highways Alliance and Eastern Highways Alliance.

In Rail, work started on the London Overground extension to Barking Riverside for Transport for London; and for Network Rail, work progressed on upgrades at King’s Cross and a new section of railway at Werrington Junction near Peterborough. In late 2019, the division was appointed to Network Rail’s CP6 framework for Buildings and Civil Engineering works in the Western region. The framework will generate contracts from £4m to £30m and will run until 2024 with the option of a year’s extension.

In Nuclear, the division was selected under Sellafield’s Programme and Project Partners model to deliver the site’s decommissioning programme, and work is underway on the first three projects. The framework is expected to generate revenues of c£1.6bn over 20 years. Work also continued at Sellafield under the £1.1bn Infrastructure Strategic Alliance.

In Energy, work began on a c£80m contract in Dorset, awarded by National Grid as part of its Visual Impact Provision (VIP) project. The division also secured a further c£30m of electricity cabling and overhead lines works through two existing frameworks with Scottish and Southern Electricity Networks.

In Water, Infrastructure continued its long‐standing relationship with Welsh Water, securing a position on its AMP7 (2020 to 2025) framework to upgrade and enhance the water network. Work continued on the west section of the Thames Tideway Tunnel ‘super sewer’, with the joint venture’s tunnel boring machine being the first to break through ground to complete a 500m section of the Frogmore Connection Tunnel.

• For more information about this news release please contact emma.tongue@morgansindall.com