StocksMedium•5 November 2026•
1 min read
Morgan Sindall Raises 2026 Profit Forecast and Launches £75m Share Buyback
Key Facts
1Morgan Sindall raised its full-year 2026 profit forecast to be slightly ahead of previous expectations due to secured orders.
2The company announced a £75m share buyback programme involving the repurchase of up to 4.8m ordinary shares.
Morgan Sindall raised its full-year 2026 profit forecast to be slightly ahead of previous expectations due to a strong volume of secured orders. Construction News reported that the company also announced a £75 million share buyback programme involving the repurchase of up to 4.8 million ordinary shares.
The upgrade is supported by robust performance in the Fit-Out division, which is expected to exceed its 2025 operating profit of £139.9 million, alongside anticipated double-digit profit growth in the infrastructure business. Following the buyback announcement, the company adjusted its forecast for average daily net cash balance for 2026 to a range of £390 million to £400 million.