Kier Group reports increased first-half profit and revenue

Published 11/03/2025, 09:34
© Reuters.

Investing.com -- Kier Group (LON:KIE), the U.K. infrastructure services company, on Tuesday reported a rise in first-half pretax profit and revenue due to strong growth in its infrastructure services and construction sectors.

The company also stated that its performance in the second half of the year is consistent with the board’s expectations.

For the six months ending on Dec. 31, the company’s pretax profit was £28.6 million ($36.8 million), an increase from £27 million the previous year.

The company’s revenue also rose to £1.97 billion, up from £1.86 billion the year before.

Kier Group’s future outlook remains positive, supported by its expanding order book, which currently stands at £11 billion.

The board has proposed an interim dividend of 2.00 pence per share, which is a 20% increase from the same period last year.

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