- Kier Group
- 03 June 2025 08:17:37
Source: Sharecast
Kier said its order book was roughly £11.0bn, consistent with its half-year position, representing an approximately 2% increase on its year-end position of £10.8bn.
The London-listed group highlighted that it has secured revenues of roughly 80% for FY26, providing "a high degree of visibility". Additionally, Kier noted that long-term framework positions were excluded from its order book and represented an additional opportunity.
Kier also said bidding discipline and risk management embedded across the business had driven a "higher quality" order book, which combined with the recapitalisation of its property business, led it to increase its operating profit margin target to 4.0%-4.5% in three to five years.
As of 0815 BST, Kier shares were up 1.19% at 170.40p.
Reporting by Iain Gilbert at Sharecast.com