WORK being carried out in Hampshire by two companies has contributed to their parent company’s results for the first half of the year.

Lovell, which is carrying out a £30m regeneration for Southampton City Council, and Mordan Sindall have played their part in figures released yesterday by construction and regeneration group Morgan Sindall Group.

The group has delivered half year results for the six months ending June 30, where revenue for that period was up two per cent on the previous year at £1.019m.

Both Lovell and Morgan Sindall have offices in Hampshire.

Key projects being worked on by affordable housing, regeneration and maintenance specialist Lovell in Southampton include regeneration of estates in Exford Avenue, Harefield, Laxton Close, Sholing and Meggeson Avenue, Bitterne Park at a cost of £30m over five years.

It is working with social housing provider First Wessex Group to build 221 new family homes with a mixture of private and social housing.

‘Delighted’ Construction, infrastructure and design company Morgan Sindall is currently delivering a new £9m six-floor complex which will extend the University of Portsmouth’s campus.

A further £1.2m refurbishment and remodelling project is also being carried out in other parts of the campus.

It has also recently completed a fit-out project in Chineham, Basingstoke for Hampshire County Council.

Morgan Sindall Group announced that adjusted gross margin reduced 120 base points to 8.1 per cent compared to the half year in 2012 of 9.3 per cent.

The group reports an order book of £3.1 billion, up one per cent since year end, supported by a £2.2 billion pipeline of regeneration schemes, up five per cent on year end. Adjusted earnings per share for the period are 31.5p, compared to the half year in 2012 of 38.4p and the interim dividend has been maintained at 12p per share, compared to the half year last year of 12p.

Lovell’s order book now stands at £1.3 billion and its other projects include a £1.8m annual contract to provide repairs and maintenance services to 3,600 homes in Surrey, Berkshire, Hampshire, Kent, South London and West Sussex until 2014.

Lovell managing director Stewart Davenport, said: “We are delighted to have won significant contracts in this space.” Graham Shennan, managing director of Morgan Sindall Group, said the company’s achievements despite the challenging trading conditions was testament to the staff’s abilities and their strong relationships with customers, the supply chain and joint venture partners.

He said they were “well positioned to capitalise on further opportunities throughout the remainder of the year”.