Morgan Sindall Group PLC (LSE:MGNS)
£ 38.05 -0.05 (-0.13%) Market Cap: 1.78 Bil Enterprise Value: 1.52 Bil PE Ratio: 14.53 PB Ratio: 3.03 GF Score: 67/100

Full Year 2023 Morgan Sindall Group PLC Earnings Call Transcript

Feb 22, 2024 / 09:00AM GMT
Release Date Price: £22.9 (+3.39%)
John Morgan
Morgan Sindall Group PLC - CEO

Well, good morning, everybody. Our presentation today just may take a few minutes longer than normal because Pat's got a lot to say. So I will do a brief introduction, Steve will, as I normally do, the financial and operational review, and Pat will talk about Construction & Property Services.

So Pat has spent the last 10 years with his team taking our construction business, which was a poor business to very big and very high performing consistent business. And he's got a great management team and we were speaking the middle of last year when things weren't too good in Property Services and we have treated Pat had just a little bit of spare capacity.

So he volunteered to take property services on and he is going to talk about property services, what went wrong and what we're doing to put it right. I will then come back and talk about capital allocation markets and outlook. And then we'll have questions after that.

So pleased to result and report another record year despite heavy inflation, supply chain failures and of course, the

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