Kier Group

Strategic Intent

Kier Group provides infrastructure services, construction, and property development primarily for the UK public and regulated sectors, including transportation, energy, and water.

Key Market Signals

• 2026-03: Announcement of a new £25m share buyback program following strong cash performance.
• 2026-01: Major leadership overhaul including new CEO, CFO, COO, and consolidation of Infrastructure divisions.
• 2025-12: Publication of the 2025 Modern Slavery Statement signed by new CEO Stuart Togwell.
• 2025-11: Formal transition of Group CEO from Andrew Davies to Stuart Togwell.
• 2025-07: Selection for the £37bn New Hospitals Programme 2.0 Alliance framework.

Financial Health

• Reported FY25 revenue of £4,087.8m, a 3% increase from the previous year (Source: https://www.investegate.co.uk/announcement/rns/kier-group-plc--kie/fy25-results/8418578)
• Achieved a record order book of £11.0bn as of June 30, 2025 (Source: https://www.investegate.co.uk/announcement/rns/kier-group-plc--kie/fy25-results/8418578)
• Reported a net cash position of £204.1m at June 30, 2025, up from £167.2m in FY24 (Source: https://www.investegate.co.uk/announcement/rns/kier-group-plc--kie/fy25-results/8418578)

Impact & Compliance

Legal & Risks

Kier faces ongoing financial exposure related to fire and cladding compliance, incurring £10.7m in costs during the first half of FY25. The group is also currently involved in a multi-employer industrial dispute at the Sellafield nuclear site.

Forensic Audit — 1 findings

• Incurred £10.7m in fire and cladding compliance costs in the six months to Dec 31, 2024

Classifications

Proprietary Analysis