Kier Group plc (LSE:KIE) has provided a positive trading update for the fiscal year ending June 30, 2025, with revenue and profit expected to meet the Board’s forecasts. The company boasts a high-quality order book valued at approximately £11 billion, with 88% of FY26 revenue already secured. Strong free cash flow generation has improved the net cash position to around £204 million, a 22% increase year-on-year. The update also notes the retirement of CEO Andrew Davies, succeeded by Stuart Togwell, alongside major project milestones in the Property division and strategic residential sector partnerships. These developments underpin Kier’s sustainable growth strategy and aim to enhance shareholder value.
Kier Group plc’s outlook is supported by robust financial performance, strong cash flow management, and positive technical momentum. The ongoing share buyback programme further boosts shareholder returns, despite moderate valuation levels.
More about Kier Group plc
Kier Group plc is a leading UK infrastructure, construction, and property group, offering specialist design and build services. The company harnesses the expertise and intellectual capital of its workforce to manage and integrate all project aspects efficiently.
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