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Housing Today
Trusted media brand of the Chartered Institute of Housing
Turnover and profit plummet at Morgan Sindall’s housing business
Firm says division’s operating profit fell by 53%
Morgan Sindall’s housing business has seen both profit and revenue plummet as the firm struggles to deal with the fallout of the coronavirus pandemic.
The firm’s partnership housing business, which includes its Lovell brand, saw revenue drop 31% to £165m in the first six months of the year.
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