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Thu September 24 2020

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Morgan Sindall on £1.2bn Gatwick framework

5 Jul 11 Morgan Sindall has won a place on the £1.2bn framework programme of upgrades and improvements for Gatwick Airport.

It is one of 10 contractors selected will compete with nine other contractors for the individual schemes during the four-year framework. The programme includes a broad range of major projects at the airport including upgraded terminal facilities, new aircraft piers and modernised baggage systems as well as new retail, security and immigration areas.

Morgan Sindall secured a position on the major projects framework that Gatwick's owner, Global Infrastructure Partners, inherited when it acquired the airport in 2009, and is presently on-site delivering the £50m Gatwick North Terminal extension.

 Morgan Sindall Group chief executive Paul Smith said: "We are delighted to extend our relationship with Gatwick and secure a position on its latest framework. Having highlighted the airport sector as one which offers growth potential for our group, it is pleasing to capitalise on opportunities such as this which help develop our position in the sector."

The group also issued a positive trading update to the stock exchange this morning, saying that it was continuing to win work although at lower operating margins. It said: “Overall we have had a positive first half of 2011 and, with our track record in growth sectors, broad sector spread and depth of capabilities, we remain well positioned to face the challenges ahead and to benefit from opportunities as they arise.”

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