Morgan Est’s tunnel contract wins last year helped boost parent Morgan Sindall’s pre-tax profits and revenues for the year to 31 December 2007. The company’s tunnels unit is also in the process of consolidating with the formal rival section within the Amec group. The division was part of Amec’s DPS division, bought from Amec group last year by Morgan Sindall. The merged tunnelling units are operating as Morgan EST (T&TI, Sept 2007, p12).
Morgan Sindall posted pre-tax profits, before amortisation, up 30% to US$124M for last year. Revenues were 41% higher at US$4.2bn. The order book increased 30% to US$8.6bn.
Prior to the tunnelling unit merger, the Morgan Est unit alone was anticipating revenues of at least US$140M – almost double the previous year and slightly ahead of that of the Amec unit.
The expanded Morgan Est tunnelling unit is working on the Croydon cable tunnel, Belfast sewer, tube station upgrades at King’s Cross and Shepherd’s Bush. It is also working on the flood relief sewer at Ross-on-Wye, England, which is worth approximately US$4.2M to the firm (see photo). The main contractor is Edmund Nuttall. The Lovat 101 TBM, will excavate a 385m long siphon of 2.1m i.d. between two 6m wide, 15m deep shafts, and work is due to finish mid-year.
Morgan Est lowers a Lovat TBM into a 15m deep, 6m wide shaft to excavate a flood relief sewer in Ross-on-Wye, west England. Main contractor
is Edmund Nuttall Morgan Est
