Kier Group plc (GB:KIE) has released an update.
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Kier Group plc reports a robust financial performance for FY24, with significant revenue growth of 17% and a 14% increase in adjusted operating profit, resulting in substantial debt reduction. The UK infrastructure services, construction, and property group has also proposed a full year dividend after a successful year, and a strong order book valued at £10.8 billion promises sustained future growth. With a new long-term growth plan in place, the company is poised to capitalize on UK government infrastructure spending and continue its strong cash generation and shareholder value creation.
For further insights into GB:KIE stock, check out TipRanks’ Stock Analysis page.
