Kier Group (KIE)

Sector:

Construction and Building Materials

Index:

FTSE 250

122.80p
   
  • Change Today:
    -5.40p
  • 52 Week High: 161.80
  • 52 Week Low: 120.00
  • Currency: UK Pounds
  • Shares Issued: 450.72m
  • Volume: 2,111,289
  • Market Cap: £553.48m
  • RiskGrade: 260

Kier hails record order book as H1 profits, revenue rise

By Michele Maatouk

Date: Tuesday 11 Mar 2025

LONDON (ShareCast) - (Sharecast News) - Infrastructure services firm Kier Group posted a rise in first-half profit and revenue on Tuesday and lifted its dividend as it hailed a record order book.
In the six months to the end of December 2024, adjusted pre-tax profit ticked up 3% to £50.6m, with revenue up 5% to £1.98bn. Adjusted operating profit was 3% higher at £66.6m.

The order book rose 2% on the same period a year earlier to a record £11bn, with 98% of expected FY25 revenue secured.

Kier pointed to "solid growth" across the infrastructure services and construction segments.

The interim dividend was lifted 20% to 2p a share and average month-end net debt for the period fell to £37.6m from £136.5m the year before. Kier said strong operational cash flow allowed it to continue to reduce debt levels despite increasing investment in its property business, restarting payment of dividends and paying pension deficit obligations.

Chief executive Andrew Davies said: "The group has continued to make significant operational and financial progress. The first half saw Kier deliver increased revenue and profitable growth whilst maintaining strong margins. We continued to grow the order book which, at £11bn, provides us with good multi-year visibility. Our strong cash performance allowed us to significantly increase the interim dividend payment and commence an initial £20m share buyback programme in January 2025."

Davis said the second half of the financial year has started well and the company is trading in line with the board's expectations.

"The group is confident in sustaining the strong cash generation achieved over the last few years and is well positioned to continue benefiting from UK Government infrastructure spending commitments," he said. "Kier operates in markets which are vital to the UK. We remain committed to delivering our long-term sustainable growth plan which will benefit all stakeholders."



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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 122.80p
Change Today -5.40p
% Change -4.21 %
52 Week High 161.80
52 Week Low 120.00
Volume 2,111,289
Shares Issued 450.72m
Market Cap £553.48m
RiskGrade 260

Kier Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.49% above the market average16.49% above the market average16.49% above the market average16.49% above the market average16.49% above the market average
48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average48.72% above the sector average
Price Trend
31.97% above the market average31.97% above the market average31.97% above the market average31.97% above the market average31.97% above the market average
28.21% above the sector average28.21% above the sector average28.21% above the sector average28.21% above the sector average28.21% above the sector average
Income
75.95% above the market average75.95% above the market average75.95% above the market average75.95% above the market average75.95% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
49.73% above the market average49.73% above the market average49.73% above the market average49.73% above the market average49.73% above the market average
51.35% above the sector average51.35% above the sector average51.35% above the sector average51.35% above the sector average51.35% above the sector average

What The Brokers Say

Strong Buy 5
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 7
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 Final
Ex-Div 24-Apr-25 24-Oct-24
Paid 02-Jun-25 29-Nov-24
Amount 2.00p 3.48p

Trades for 03-Apr-2025

Time Volume / Share Price
14:46 65 @ 124.80p
14:42 6 @ 125.20p
16:49 248,312 @ 125.44p
16:35 306 @ 122.80p
16:35 306 @ 122.80p

Kier Group Key Personnel

CEO Andrew Davies
CFO Simon Kesterton
Chair Matthew Lester

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