Kier Group (KIE)

Sector:

Construction and Building Materials

Index:

FTSE 250

134.60p
   
  • Change Today:
      3.80p
  • 52 Week High: 143.00p
  • 52 Week Low: 74.00p
  • Currency: UK Pounds
  • Shares Issued: 446.48m
  • Volume: 1,163,962
  • Market Cap: £600.96m
  • RiskGrade: 260

New Kier CEO launches strategic review to cut debt

By Michele Maatouk

Date: Monday 15 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Construction group Kier said on Monday that new chief executive Andrew Davies will lead a strategic review to improve cash generation and reduce leverage.
Kier, which also confirmed that Philip Cox has resumed the role of non-executive chairman, said the review will look at the allocation of resources and consider ways to further simplify the business and create a more focused company.

"This review will build on work that has been undertaken by the Board in recent months and is in addition to the previously announced Future Proofing Kier programme," it said.

The findings of the review will be announced in July.

In its half-year results back in March, Kier said average month-end net debt for the period rose to £430m from around £350m in the first half of 2017.

At 1235 BST, the shares were up 7.7% at 374.78p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Kier Group Market Data

Currency UK Pounds
Share Price 134.60p
Change Today 3.80p
% Change 2.91 %
52 Week High 143.00p
52 Week Low 74.00p
Volume 1,163,962
Shares Issued 446.48m
Market Cap £600.96m
RiskGrade 260

Kier Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.45% above the market average36.45% above the market average36.45% above the market average36.45% above the market average36.45% above the market average
65.85% above the sector average65.85% above the sector average65.85% above the sector average65.85% above the sector average65.85% above the sector average
Price Trend
93.92% above the market average93.92% above the market average93.92% above the market average93.92% above the market average93.92% above the market average
90.24% above the sector average90.24% above the sector average90.24% above the sector average90.24% above the sector average90.24% above the sector average
Income
38.17% above the market average38.17% above the market average38.17% above the market average38.17% above the market average38.17% above the market average
11.76% above the sector average11.76% above the sector average11.76% above the sector average11.76% above the sector average11.76% above the sector average
Growth
25.73% above the market average25.73% above the market average25.73% above the market average25.73% above the market average25.73% above the market average
7.32% above the sector average7.32% above the sector average7.32% above the sector average7.32% above the sector average7.32% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Kier Group Dividends

  Latest Previous
  Interim Interim
Ex-Div 18-Apr-24 28-Mar-19
Paid 31-May-24 17-May-19
Amount 1.67p 4.90p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 365,723 @ 134.60p
16:35 4,160 @ 134.60p
16:35 12,092 @ 134.60p
16:35 5,946 @ 134.60p
16:35 5,445 @ 134.60p

Kier Group Key Personnel

CEO Andrew Davies
CFO Simon Kesterton
Chair Matthew Lester

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