Proud to be Kier
Kier Group Plc is a leading construction, services and property group specialising in building and civil engineering, support services, residential and commercial property development and infrastructure project investment. The Group employs 10,700 people worldwide and has an annual revenue of £2.2bn.
Proud to be Kier
Kier Construction 56% of our awards were for public sector projects (2010: 74%). The transition from public sector to private sector is a trend that will continue and we expect to see the proportion of public sector work drop to less than 50% over the next year. Read more about Kier Construction
Proud to be Kier
Kier Services The order books are at a healthy £2,030m at 30 June 2011 (2010: £2,128m); this figure does not include potential contract extensions, which could add approximately £750m if all were exercised by our customers. Read more about Kier Services
Proud to be Kier
Kier Property The Property division continues to focus on non-speculative projects where we know we can forward sell or pre-let key elements of the schemes, thereby reducing the associated risk and demands on the Group’s cash reserves. Increasingly, we bring together the total skills and expertise across the Group to deliver greater value to our schemes. Read more about Kier Property
Proud to be Kier
Kier Homes Through our partnerships with key public housing funding bodies and registered providers of affordable housing, and working with our investment and development specialists within the Group, we are well positioned to provide a comprehensive delivery solution to the UK’s current housing challenges. Read more about Kier Homes
The Group’s cash performance has remained exceptionally strong, particularly within our Construction and Services divisions, with average Group month-end net cash of £129m (2010: £95m).
We remain a robust and sustainable business, with committed and professional staff in whom we have confidence and their abilities will underpin further progress by the Group in the new financial year.
