Government spending keeps profits edging-up at Kier

Kier is confident continued Government spending will keep its order books full as pre-tax profits and turnover both increased during the back end of last year.
Latest results for the six months to December 31 2024 show turnover up 6% to £1.97bn from £1.86bn with a similar increase in pre-tax profits to £28.6m from £27m.
The contractor’s order book hit £11bn with 98% of work secured for this financial year.Kier said 91% of its work is with the public sector and