Morgan Sindall reported record first-half 2026 results with revenue around £2.56–£2.6bn and pre-tax profit near £116m, up about 21% year on year, alongside a higher adjusted earnings per share. Net cash rose to about £418m as the group highlighted a robust order book and a growing project pipeline, with £12.2bn in secured work and roughly £19.5bn including preferred bidder opportunities. The company lifted medium-term targets for its Fit Out and Construction divisions, setting a £100m–£130m annual operating profit range for Fit Out and a Construction operating margin target of about 3.5%–4% (with revenue guidance above £1.5bn). Management cited ongoing government investment and strong demand for major office refurbishments, while noting that partnerships housing faced a subdued market. The interim dividend was increased to 55p per share, reflecting confidence in continued full-year performance. Overall, Morgan Sindall emphasized the resilience of its diversified operations and the visibility provided by its large order book to sustain growth and shareholder returns.