TIDMMGNS 
 
RNS Number : 4065R 
Morgan Sindall PLC 
30 April 2009 
 

Morgan Sindall plc 
 
 
30 April 2009 
AGM aND INTERIM MANAGEMENT STATEMENT 
 
 
Ahead of today's Annual General Meeting, to be held at RBS, 250 Bishopsgate, 
London EC2M 4AA at 12pm, Morgan Sindall plc ("the Group") announces its Interim 
Management Statement. 
 
 
At the AGM, John Morgan, Executive Chairman of Morgan Sindall plc, will give the 
following trading update for the period from 1 January 2009 to date. 
 
 
"Morgan Sindall has made a positive start to the year and is trading in line 
with our expectations. 
 
 
"Following a record six months' performance in the second half of 2008, Fit 
Out's revenue has, as expected, fallen over the first quarter of 2009 in 
comparison to the same period in 2008 by around a quarter. The division's sector 
spread is helping to provide some resilience as it continues to secure contracts 
across a broad range of market sectors. The forward order book is robust, 
extending into 2010, with an improvement in its overall level since the start of 
the year. 
 
 
"Construction has made a solid start to the year with market conditions 
remaining satisfactory. The division continues to be well positioned with around 
three quarters of its workload coming from the public sector, where demand 
remains healthy. The current forward order book is down slightly since the start 
of the year but still gives us good visibility of workload over the next twelve 
months. 
 
 
"The momentum in Infrastructure Services' markets continues and the division has 
secured contracts in our target markets of water and transport during the first 
quarter of the year including the GBP500m AMP5 framework with Severn Trent and 
the GBP100m upgrade to the A1 between Dishforth and Barton. The outlook for the 
division remains positive as it continues to pursue a number of major 
infrastructure opportunities and the forward order book has increased since the 
start of the year. 
 
 
"Refurbishment and new build social housing volumes remain healthy in Affordable 
Housing and the division has continued to secure key contracts and renewal of 
existing frameworks during the first quarter in these areas, including the next 
phase of the Sheffield Decent Homes programme and a new build social housing 
contract for Merthyr Tydfil Housing Association, though conditions for open 
market housing remain challenging. Its current forward order book remains 
consistent with the start of the year. 
 "Urban Regeneration has traded in line with expectations since the start of the 
year although as previously announced market conditions remain subdued. Since 
the start of the year the division has been successful in securing the GBP220m, 
10-year project to regenerate Blackpool in partnership with Blackpool Council 
and the GBP300m project to create a civic and cultural quarter in Doncaster in 
partnership with Doncaster Council. 
 
 
"The Group's forward order book currently stands at GBP3.8bn, a slight increase 
since the start of the year. In addition to the order book, Urban Regeneration's 
development pipeline has increased in value to GBP1.6bn. The financial position 
of the Group remains strong, there having been no significant changes to this 
position since the publication of the Annual Report and Accounts for the year 
ended 31 December 2008. In summary, we have made a positive start to 2009 and 
with our broad sector spread we remain well positioned to face the challenges 
ahead and to benefit from opportunities as they present themselves." 
 
 
- Ends - 
 
 
ENQUIRIES: 
 
 
Morgan Sindall plc               Tel: 020 7307 9200 
Paul Smith, Chief Executive 
David Mulligan, Finance Director 
 
 
Blythe Weigh Communications    Tel: 020 7138 3204 
Paul Weigh                        Mobile: 07989 129658 
Tim Blythe                         Mobile: 07816 924626 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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