London · Delayed Price · Currency is GBP · Price in GBX Kier Group Earnings Call Transcripts
Fiscal Year 2026
-
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
-
Strong order book and government-backed pipeline underpin multi-year revenue visibility and cautious growth. Strategic focus on vital infrastructure, disciplined capital allocation, and sector pivots drive resilience and profitability. Water and property divisions are set for significant growth, with robust risk management and operational efficiency supporting future performance.
-
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.
-
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.
-
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.
-
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
-
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.
-
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.