Strong revenue and profit growth puts Kier on firm footing

Strong revenue growth at both Kier’s construction and infrastructure divisions drove growth in profits and halved average month-end debt in the year to June 2024.
The strong performance at the contractor saw revenue recover to £4bn again, up 17% from the prior year. This uplift as margin remained stable at 3.8% powered pre-tax profit forward nearly a third to £68m.
Kier’s order book continued to grow and increased 7% year over the year to £10.8bn. Around 60% of Kier