Kier whittles net debt down to £230m

Kier has whittled down its average month-end net debt to £23om after a better than expected cash performance at its construction division.
In a year-end trading statement, Kier said it had also managed to keep the order book above £10bn, with 85% of next year’s forecast revenue already secured.
Andrew Davies, chief executive, said that despite inflationary pressures Kier would report revenue and profit in line with expectations in September.He added that Kier had generated bett