Kier Group plc (LSE:KIE) has kicked off the 2026 financial year with momentum, delivering performance that tracks the Board’s expectations and maintaining a healthy order book of roughly £11.6 billion. The company has won a series of notable contracts across infrastructure services and construction, closely aligned with the UK Government’s investment agenda. Kier’s recent refinancing of its Revolving Credit Facility also signals confidence in its long-term outlook and its capacity to continue generating strong operating cash flow.
The company’s technical strength and upbeat tone during its latest earnings call remain key contributors to its positive assessment. While overall financial results are encouraging, the business still carries elevated leverage. Valuation appears reasonable, supported by a solid P/E ratio and an appealing dividend profile.
More about Kier Group plc
Kier Group plc is a major UK provider of infrastructure services, construction solutions, and property development. The company offers specialist design-and-build expertise and combines the skills, experience, and intellectual capital of its workforce to manage and integrate every element of complex projects.
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