Kier Group plc (GB:KIE) has released an update.
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Kier Group plc has reported strong FY24 performance with revenue and profit meeting market expectations, a year-end order book worth approximately £10.8 billion, and a secure 85% of FY25’s revenue. The company also highlighted a net cash position of £165 million, significant debt reduction, and the resumption of dividend payments. This positive momentum reflects Kier’s strategic position as a key player in UK infrastructure, benefiting from government investments and public sector contracts.
For further insights into GB:KIE stock, check out TipRanks’ Stock Analysis page.
