Morgan Sindall PLC
27 November 2007
MORGAN SINDALL plc
27 November 2007
Analyst and Shareholder Visit and Trading Update
Morgan Sindall plc ('The Company'), the construction and regeneration group that
operates through five divisions, Affordable Housing, Construction, Development,
Fit Out and Infrastructure Services, will today (27 November 2007) be hosting a
site visit for analysts and shareholders. The site visit will take place at
King's Cross Station where Morgan Est, the Company's Infrastructure Services
division, is modernising and upgrading the station for London Underground.
The purpose of this event is to provide shareholders and analysts with an
overview of the Infrastructure Services division, its recent expansion and the
impact of the acquisition of Amec Design and Project Services on its operations.
A presentation will be given by Mark Cutler, Managing Director of the
Infrastructure Services division.
There is also an opportunity for analysts to attend a presentation at 1pm today
at the Company's London office on mixed use developments and the fit out market.
This presentation will be given by Nigel Franklin, Managing Director of Muse
Developments and Steve Elliott, Managing Director of the Fit Out division.
A copy of both presentations will be made available on the Group's website on
27 November.
No new trading or price sensitive information will be provided during the
presentations or at the site visit. Prior to this visit, the Company is
providing the following update on trading.
Morgan Sindall continues to perform in line with management expectations for the
current year and the positive outlook for 2008 across all our business areas
remains unchanged.
The Fit Out division continues to see a good level of enquiries with its order
book at a similar level to the same stage last year. The market for the
Construction and Infrastructure Services divisions remains buoyant with order
levels being maintained, whilst the integration of the Design and Project
Services business recently acquired from Amec is proceeding well.
Affordable Housing's order book has increased further since the interim
announcement and the division is expected to sell more open market units than in
the previous year. Development is trading in line with our expectations and the
opportunities for the division remain encouraging with a healthy development
pipeline.
Overall the outlook for our businesses in the construction and regeneration
sectors remains positive and the Company looks forward to providing further
details in its pre close trading statement on 13 December.
ENQUIRIES:
Morgan Sindall plc Tel: 020 7307 9200
John Morgan, Executive Chairman
Paul Smith, Chief Executive
David Mulligan, Finance Director
Blythe Weigh Communications Tel: 020 7138 3204
Tim Blythe Mob: 07816 924626
Paul Weigh Mob: 07989 129658
This information is provided by RNS
The company news service from the London Stock Exchange
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