Morgan Sindall order book grows to £2.4B
Morgan Sindall Group says its committed order book stands at £2.4B, compared with £2.2B in 2012, while the regeneration and development pipeline has grown from £2.5B in 2012 to £3B. The group said its operating profit before amortisation and exceptional operating items was £33.6M last year, compared with £48.1M in 2012, on revenues of nearly £2.1B.
The group's water team continued their work to upgrade and enhance theUK’s water networks with three key frameworks for Yorkshire Water, Severn Trent Water and Dwr Cymru Welsh Water. Projects include clean water and wastewater schemes ranging in value from £5M to £50M.
Current Yorkshire Water projects include the £14.6M project to upgrade Castleford Wastewater Treatment Works; the £22M project to improve Bridlington’s bathing water quality; and a similar project atScarborough, worth around £26M. The frameworks for Yorkshire Water and Severn Trent Water have already been extended for AMP6, starting from April 2015.
Roads projects include the £105M construction contract for the M1 smart motorway scheme, which will add much-needed capacity to six miles of the M1 between J39 and J42; while on the rail side commissioning is expected in April 2014 on the £20M North Doncaster Chord project which has involved the construction of a six-span viaduct and, when complete, will ease congestion on the East Coast Main Line.
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