London · Delayed Price · Currency is GBP · Price in GBX Kier Group Earnings Call Transcripts
Fiscal Year 2026
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Strong HY 2026 results with revenue and profit growth, record £11.6bn order book, and improved net cash. Increased shareholder returns via higher dividend and new buyback, with robust pipeline and strategic restructuring supporting future growth.
Fiscal Year 2025
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Strong order book coverage and sector diversification underpin confidence in multi-year growth, with 91% of FY26 and 70% of FY27 revenue secured. Conservative financial management, disciplined capital allocation, and a recapitalized property division support robust shareholder returns and future expansion. Property and water sectors are delivering positive surprises.
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Record £11bn order book and strong framework positions provide high revenue visibility, with 91% of FY26 and 70% of FY27 revenues already covered. Free cash flow reached £155m, dividend rose 38%, and net debt fell to £49m, supporting continued growth.
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Record order book and strong revenue growth drove a 6% rise in adjusted operating profit and a 38% increase in the full-year dividend. Cash generation and margin expansion exceeded targets, with the property and infrastructure segments showing robust performance.
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Ambitious growth targets are set through 2030, with a raised margin goal of 4%-4.5% and a focus on public sector frameworks. Strong order book visibility, disciplined capital allocation, and a fully integrated business model underpin confidence in sustainable growth and enhanced shareholder returns.
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Half-year results showed 5% revenue growth, improved net cash, and a record £11bn order book. Dividend increased 20% and a £20m share buyback launched, with strong performance in infrastructure and construction segments and robust future revenue visibility.
Fiscal Year 2024
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Revenue and profit rose strongly, with a robust order book and improved cash position. Growth will now focus on sustainable, GDP-plus expansion in regulated sectors, with increased investment in property and a shift to a three times dividend cover policy.
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Delivered strong FY 2024 results with 17% revenue growth, improved margins, and significant deleveraging. Order book rose 7% to £10.8 billion, with over 90% of next year's revenue secured and a focus on sustainable growth, cash generation, and disciplined capital allocation.