Morgan Sindall Group Regulatory News (MGNS)

19 Apr 2007 07:01

Morgan Sindall PLC19 April 2007 Morgan Sindall plc("the Group") AGM statement John Morgan, Executive Chairman of Morgan Sindall plc, will make the followingcomments at the Company's Annual General Meeting to be held at 12pm today. "I am pleased to report that the Group has made an encouraging start to the yearand the conditions in all our key markets continue to be positive. The office fit out market remains buoyant with levels of activity akin to lastyear, which is reflected by the forward order book being maintained at a levelsimilar to the start of the year. Construction's chosen sectors of health, education, light industrial andproperty services are all seeing favourable trading conditions, which haveresulted in the division's order book strengthening over the first quarter ofthe year. Infrastructure Services has continued to make progress on the major projects itsecured last year and has secured further contracts in the water sectorincluding a £38m water main tunnel for Thames Water and a £32m treatment worksfor Severn Trent. Affordable Housing has been successful in securing its first social housing PFIat Miles Platting in Manchester, which will be worth £200m over the nextfourteen years. In addition, the division has secured further refurbishmentframeworks in Haringey and in Northfield, Birmingham. Overall the Group is trading in line with expectations. We look forward toreporting on further progress in our pre-close update in June." 19 April 2007 Enquiries: Morgan Sindall plc Tel: 020 7307 9200 John Morgan, Executive Chairman Paul Smith, Chief Executive David Mulligan, Finance Director College Hill Tel: 020 7457 2020 Matthew Smallwood Kate Pope This information is provided by RNS The company news service from the London Stock Exchange