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Tag Archives: Kier Group

Kier post-close update warns of £100m shortfall in turnover

Kier Group has provided an update on net debt, trading and strategic initiatives, following the close of its 2019 financial year. As at 30 June 2019, the Group’s net debt was £167 million. Its average month-end net debt for the 2019 ...

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FM contracts aid Kier’s half-year results

Kier Group’s half-year results to 31 December 2017 have seen revenue increase by eight per cent to £2,154 million, and underlying operating profit rise by five per cent to £60 million. The property, residential, construction and services group said the ...

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New frameworks and FM contracts aid Kier full-year results

Kier Group has reported its full-year results to 30 June 2017 are in line with expectations, supported by the performance of Kier Workplace Services (KWS). The property, residential, construction and services business, announced revenues were up five per cent at ...

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Key FM wins underpin solid interim results for Kier

Kier Group has reported solid half-year results to 31 December 2016, underpinned by the performance of Kier Workplace Services (KWS), which secured contract wins totalling £74 million in the period. The property, residential, construction and services group is currently building a ...

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Kier picks up two FM deals

Kier Group’s workplace services business has been awarded two new facilities management contracts with the Imperial War Museums (IWM) and the Royal Shakespeare Company (RSC) worth a combined £13.2 million. The five- year deal valued at £12 million with the IWM ...

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Kier begins charity partnership with Alzheimer’s Society

Kier Group, the leading property, residential, construction and services group, has selected the Alzheimer’s Society as its new corporate charity partner. The two-year partnership was established after feedback from Kier employees on who their preferred charity partner would be. Alzheimer’s ...

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Kier completes acquisition of Mouchel

Following an announcement on 28 April 2015, integrated property, residential, construction services group, Kier has completed the £265 million acquisition of international infrastructure and business services group, Mouchel. As stated at the time of the announcement of the acquisition, the ...

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Mouchel sells to Kier for £265m

International infrastructure and business services group Mouchel has announced that it has reached an agreement for the sale of the group to integrated property, residential, construction and services group, Kier for the sum of £265 million. The transaction follows a transformation ...

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Kier appoints Davies as MD of its FM business

Kier has appointed experienced sector specialist Steve Davies as the new managing director of its facilities management business. Davies joins the company from Compass Group UK & Ireland where he held the position of managing director of support services, and ...

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Costain calls ‘time’ on May Gurney deal

Costain has announced it will be withdrawing its offer for infrastructure, waste and support services group May Gurney, following a “compelling” 35 per cent-higher offer from rival bidder, Kier Group. After considering its position, the board of Costain, the construction group, announced that it “does not ...

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