The company said today it is revamping its divisional reporting structure to “better align its reporting segments with the business strategy and operational management structure”.

The move will see affordable housing numbers split into two – property services and partnership housing.

Maintenance work at property services will now be reported under construction operations while the development work at partnership housing will be part of the group’s regeneration operations.

Morgan Sindall reported in February that it was having to writedown £47m for 2015 on the back of problems jobs at the Faslane naval base in Scotland. The firm also posted a pre-tax loss of £14.8m for the year compared to a £23m profit for 2014.

The Group’s results for the half year ending 30 June 2016 will be published on 2 August 2016 and will be prepared in line with this new reporting structure.