
Morgan Sindall Group PLC
LSE:MGNS

Income Statement
Earnings Waterfall
Morgan Sindall Group PLC
Revenue
|
4.5B
GBP
|
Cost of Revenue
|
-4B
GBP
|
Gross Profit
|
531.2m
GBP
|
Operating Expenses
|
-350.1m
GBP
|
Operating Income
|
181.1m
GBP
|
Other Expenses
|
-49.4m
GBP
|
Net Income
|
131.7m
GBP
|
Income Statement
Morgan Sindall Group PLC
Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 219
N/A
|
1 230
+1%
|
1 297
+5%
|
1 355
+4%
|
1 497
+10%
|
1 659
+11%
|
2 115
+27%
|
2 517
+19%
|
2 548
+1%
|
2 450
-4%
|
2 214
-10%
|
2 055
-7%
|
2 102
+2%
|
2 207
+5%
|
2 227
+1%
|
2 140
-4%
|
2 047
-4%
|
2 066
+1%
|
2 095
+1%
|
2 074
-1%
|
2 220
+7%
|
2 373
+7%
|
2 385
+0%
|
2 381
0%
|
2 562
+8%
|
2 721
+6%
|
2 793
+3%
|
2 908
+4%
|
2 972
+2%
|
2 970
0%
|
3 071
+3%
|
3 013
-2%
|
3 034
+1%
|
3 230
+6%
|
3 213
-1%
|
3 352
+4%
|
3 612
+8%
|
3 850
+7%
|
4 118
+7%
|
4 397
+7%
|
4 546
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 096)
|
(1 093)
|
(1 154)
|
(1 203)
|
(1 332)
|
(1 480)
|
(1 893)
|
(2 264)
|
(2 298)
|
(2 214)
|
(1 993)
|
(1 839)
|
(1 885)
|
(1 993)
|
(2 011)
|
(1 932)
|
(1 860)
|
(1 890)
|
(1 924)
|
(1 902)
|
(2 039)
|
(2 180)
|
(2 172)
|
(2 161)
|
(2 318)
|
(2 450)
|
(2 518)
|
(2 617)
|
(2 656)
|
(2 647)
|
(2 740)
|
(2 698)
|
(2 718)
|
(2 876)
|
(2 830)
|
(2 952)
|
(3 202)
|
(3 460)
|
(3 671)
|
(3 928)
|
(4 015)
|
|
Gross Profit |
123
N/A
|
137
+11%
|
143
+4%
|
152
+6%
|
165
+9%
|
179
+8%
|
222
+24%
|
253
+14%
|
250
-1%
|
236
-6%
|
221
-7%
|
216
-2%
|
217
+0%
|
213
-2%
|
216
+1%
|
208
-4%
|
187
-10%
|
177
-5%
|
171
-3%
|
172
+1%
|
181
+5%
|
193
+7%
|
213
+10%
|
220
+3%
|
244
+11%
|
271
+11%
|
274
+1%
|
291
+6%
|
315
+8%
|
323
+2%
|
331
+3%
|
315
-5%
|
316
+0%
|
354
+12%
|
383
+8%
|
400
+4%
|
410
+3%
|
390
-5%
|
447
+15%
|
469
+5%
|
531
+13%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(93)
|
(103)
|
(103)
|
(109)
|
(118)
|
(129)
|
(173)
|
(205)
|
(195)
|
(184)
|
(177)
|
(173)
|
(171)
|
(169)
|
(174)
|
(170)
|
(158)
|
(154)
|
(151)
|
(151)
|
(163)
|
(176)
|
(186)
|
(196)
|
(204)
|
(222)
|
(211)
|
(219)
|
(236)
|
(244)
|
(251)
|
(249)
|
(255)
|
(261)
|
(260)
|
(271)
|
(287)
|
(314)
|
(322)
|
(330)
|
(350)
|
|
Selling, General & Administrative |
(93)
|
(103)
|
(103)
|
(108)
|
(118)
|
(129)
|
(168)
|
(196)
|
(186)
|
(176)
|
(170)
|
(167)
|
(165)
|
(164)
|
(170)
|
(166)
|
(156)
|
(151)
|
(149)
|
(148)
|
(160)
|
(173)
|
(184)
|
(187)
|
(202)
|
(221)
|
(210)
|
(218)
|
(235)
|
(242)
|
(249)
|
(246)
|
(252)
|
(259)
|
(258)
|
(271)
|
(288)
|
(308)
|
(321)
|
(331)
|
(360)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
(9)
|
(9)
|
(8)
|
(7)
|
(6)
|
(6)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
0
|
(3)
|
(3)
|
(1)
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
(3)
|
2
|
2
|
10
|
|
Operating Income |
30
N/A
|
34
+14%
|
40
+15%
|
43
+10%
|
47
+9%
|
50
+6%
|
49
-2%
|
48
-3%
|
55
+17%
|
53
-5%
|
44
-17%
|
43
-1%
|
47
+8%
|
44
-5%
|
42
-6%
|
38
-9%
|
28
-25%
|
23
-19%
|
20
-13%
|
21
+6%
|
18
-14%
|
18
-3%
|
27
+52%
|
24
-12%
|
40
+68%
|
49
+22%
|
63
+30%
|
72
+13%
|
79
+11%
|
80
+0%
|
80
+1%
|
66
-18%
|
60
-8%
|
93
+53%
|
123
+33%
|
129
+5%
|
123
-5%
|
75
-39%
|
124
+65%
|
139
+12%
|
181
+31%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
4
|
4
|
2
|
2
|
1
|
2
|
9
|
14
|
7
|
2
|
1
|
1
|
(1)
|
(2)
|
(1)
|
3
|
5
|
1
|
(1)
|
1
|
3
|
4
|
5
|
4
|
5
|
3
|
2
|
0
|
1
|
3
|
4
|
0
|
(2)
|
4
|
2
|
(1)
|
(1)
|
11
|
25
|
19
|
13
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(5)
|
(4)
|
(1)
|
2
|
1
|
(8)
|
(5)
|
4
|
2
|
(39)
|
(47)
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
1
|
3
|
3
|
1
|
0
|
(39)
|
5
|
(2)
|
1
|
(22)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
0
|
(0)
|
0
|
2
|
(2)
|
(3)
|
(3)
|
0
|
|
Pre-Tax Income |
34
N/A
|
39
+15%
|
42
+7%
|
45
+7%
|
48
+6%
|
52
+8%
|
58
+12%
|
61
+6%
|
62
+2%
|
54
-13%
|
45
-18%
|
43
-5%
|
41
-4%
|
39
-4%
|
40
+3%
|
42
+5%
|
34
-19%
|
16
-52%
|
14
-15%
|
26
+86%
|
23
-12%
|
(17)
N/A
|
(15)
+15%
|
28
N/A
|
44
+58%
|
52
+18%
|
65
+26%
|
72
+10%
|
81
+12%
|
86
+7%
|
89
+3%
|
67
-25%
|
61
-9%
|
100
+64%
|
126
+27%
|
128
+1%
|
85
-33%
|
90
+5%
|
144
+61%
|
156
+8%
|
172
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(12)
|
(12)
|
(13)
|
(15)
|
(16)
|
(18)
|
(18)
|
(18)
|
(16)
|
(12)
|
(11)
|
(11)
|
(7)
|
(7)
|
(9)
|
(4)
|
1
|
1
|
(2)
|
(5)
|
3
|
5
|
(4)
|
(7)
|
(9)
|
(13)
|
(14)
|
(14)
|
(16)
|
(17)
|
(13)
|
(15)
|
(25)
|
(28)
|
(27)
|
(24)
|
(25)
|
(26)
|
(32)
|
(40)
|
|
Income from Continuing Operations |
24
|
27
|
30
|
32
|
33
|
35
|
39
|
43
|
45
|
38
|
33
|
31
|
30
|
32
|
33
|
33
|
31
|
18
|
15
|
24
|
18
|
(15)
|
(10)
|
24
|
37
|
43
|
52
|
58
|
67
|
71
|
71
|
54
|
45
|
75
|
98
|
101
|
61
|
64
|
118
|
124
|
132
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
24
N/A
|
27
+14%
|
30
+8%
|
32
+8%
|
33
+2%
|
35
+7%
|
39
+12%
|
43
+10%
|
45
+4%
|
38
-15%
|
33
-14%
|
32
-5%
|
30
-5%
|
32
+6%
|
33
+4%
|
33
+1%
|
31
-7%
|
18
-42%
|
15
-16%
|
24
+60%
|
18
-25%
|
(15)
N/A
|
(10)
+33%
|
24
N/A
|
37
+52%
|
43
+17%
|
52
+22%
|
58
+11%
|
67
+15%
|
71
+6%
|
71
+1%
|
54
-25%
|
45
-15%
|
75
+65%
|
98
+30%
|
101
+3%
|
61
-39%
|
64
+5%
|
118
+83%
|
124
+5%
|
132
+6%
|
|
EPS (Diluted) |
0.56
N/A
|
0.64
+14%
|
0.69
+8%
|
0.74
+7%
|
0.76
+3%
|
0.82
+8%
|
0.92
+12%
|
1.01
+10%
|
1.05
+4%
|
0.9
-14%
|
0.77
-14%
|
0.74
-4%
|
0.7
-5%
|
0.73
+4%
|
0.76
+4%
|
0.77
+1%
|
0.72
-6%
|
0.42
-42%
|
0.34
-19%
|
0.55
+62%
|
0.42
-24%
|
-0.33
N/A
|
-0.23
+30%
|
0.55
N/A
|
0.81
+47%
|
0.94
+16%
|
1.13
+20%
|
1.28
+13%
|
1.42
+11%
|
1.5
+6%
|
1.53
+2%
|
1.16
-24%
|
0.98
-16%
|
1.58
+61%
|
2.04
+29%
|
2.14
+5%
|
1.3
-39%
|
1.37
+5%
|
2.5
+82%
|
2.59
+4%
|
2.72
+5%
|