Morgan Sindall Property Services (MSPS) has announced its end of year performance for 2021, showcasing a ‘record set of results’ for the construction and regeneration group
MSPS’s 2021 end of year performance results show that group revenue rose 6% from 2020, delivering an adjusted operating profit of £131.3m on revenue of £3.2bn.
‘Another challenging year with lots of uncertainty’
Alan Hayward, Morgan Sindall Property Services managing director, commented: “2021 has been another challenging year with lots of uncertainty, but we have remained agile in our approach to delivering services to our clients and customers and supporting our colleagues.
“Our half year results reflect the continued hard work and commitment of the team, with revenue up 20% to £134m (FY 2020: £112m) with an order book of £945m.
“As a priority, we have continued to invest in technology and innovation with the launch of goldeni our technology platform. This innovation allows us to take a more proactive approach to repairs, by flagging potential issues in real-time, helping us spot potential indicators of vulnerability such as fuel poverty and support our colleagues in Group to achieve our net zero goal.”
Creating healthier homes through data insight
MSPS became the first property maintenance provider to develop an inhouse platform that can consolidate and interpret information from a number of commercially available ‘Internet of Things’ sensors in real-time.
Their new technology Goldeni uses machine learning to provide social housing landlords and tenants with real-time, actionable insights to help them ensure their properties are healthy, legally compliant, and more energy-efficient.
Contributing to communities
The social value team within MSPS have delivered resident and estate days, digital inclusion sessions and biodiversity projects to create more resilient communities, with the use of data insight allowing us to identify residents at risk and those that are vulnerable, providing them with the support they need.
The company also signed up to the Employers Domestic Abuse Covenant in 2021, taking a pledge to support women affected by abuse to enter or re-enter the workplace.
Building a diverse workforce
20 new starters were welcomed to complete a six-month placement as part of Kickstart, a government-funded scheme which aims to support 16–24-year-olds, who are currently claiming Universal Credit, to find their feet in the working world.
MSPS also showed commitment to breaking down the barriers which prevent women from pursuing roles in the industry by joining the Women’s Trade Network, an initiative founded to increase the representation of women in trade roles.
MSPS will work in partnership with the network to raise awareness of the variety of roles available to women and provide training opportunities to encourage greater gender diversity across the industry.
