Kier reinstates dividend after strong profit growth

Strong trading at Kier in the first six months of the year saw the contractor reinstate dividend payments for the first time in five years and slash its average monthly net debt by over £100m.
Both construction and infrastructure divisions grew strongly in the six months to the end of December, with infrastructure driving the group’s profit improvement.
Andrew Davies, chief executive, said: “The past two and a half years have seen the group achieve significant operational and f