FTSE 250 movers: Morgan Sindall up; Fin stocks rise on Schroders deal

12th Feb 2026 14:35

(Sharecast News) - FTSE 250 (MCX) 23,556.85 0.60%

Morgan Sindall said on Thursday that its results for 2026 were set to be ahead of expectations thanks to a strong performance from its Fit Out division.

In a update on trading for the 2025 financial year, the company said all divisions performed well with the group on track to deliver results in line with current expectations.

The construction company said it continued to make significant strategic progress across the wide number of sectors it operates in, entering this year with a record level secured orderbook and work at preferred bidder stage, up 17% to £19.1bn on the previous year.

In particular, it said confidence levels since the start of the year have improved with regards to the conversion of preferred bidder work and future tender opportunities for the Fit Out division, providing increased visibility for the rest of the year.

"Fit Out's 2026 profits are now expected to be significantly ahead of expectations and significantly above the top end of the medium-term target of £80-100m, driving a group outlook for 2026 also ahead of expectations," it said.

All other divisions are on track to perform in line with the group's previous expectations.

Financial stocks were higher after FTSE 100-kisted Schroders said on Thursday that it has agreed to be taken over by US investment manager Nuveen in a £9.9bn deal.

Aberdeen, CMC Markets, Man Group, Close Brothers and AJ Bell were all higher.

FTSE 250 - Risers

Morgan Sindall Group (MGNS) 5,360.00p 6.14%

Abrdn (ABDN) 215.80p 4.45%

Man Group (EMG) 272.20p 4.45%

CMC Markets (CMCX) 325.50p 4.33%

AJ Bell (AJB) 437.00p 4.20%

IntegraFin Holding (IHP) 342.00p 4.11%

Ocado Group (OCDO) 225.70p 3.91%

Bridgepoint Group (Reg S) (BPT) 267.60p 3.40%

Close Brothers Group (CBG) 501.50p 3.06%

Playtech (PTEC) 352.00p 2.92%

FTSE 250 - Fallers

Savills (SVS) 1,000.00p -5.66%

International Workplace Group (IWG) 234.60p -4.32%

Derwent London (DLN) 1,853.00p -2.42%

Kainos Group (KNOS) 710.00p -2.20%

International Public Partnerships Ltd. (INPP) 126.60p -2.16%

Marshalls (MSLH) 179.20p -1.97%

The Renewables Infrastructure Group Limited (TRIG) 69.30p -1.70%

Target Healthcare Reit Ltd (THRL) 104.20p -1.70%

AEP Plantations (AEP) 1,470.00p -1.67%

Trustpilot Group (TRST) 140.00p -1.62%