Our three market segments
Matthew Lester, Chairman
Andrew Davies, CEO
Well-placed to drive sustainable growth underpinned by a
strong balance sheet
Delivering the medium-term value creation plan
Key investment proposition - Well-positioned to deliver the medium-term value creation plan through value accretive earnings-led business model.
Our strategy - To be the UK’s leading infrastructure services and construction company through disciplined growth, consistent delivery and cash generation.
Marketplace - We have attractive market positions in growing markets and are aligned to the UK Government’s investment priorities.
ESG report - We have launched a new sustainability framework, ‘Building for a Sustainable World’, which reframed sustainability away from being an environmental specialism to being a strategic and business critical mindset.
Resilient and well-balanced Group underpins the medium-term value creation plan:
The Group is now focused on delivering its medium-term targets:
- Revenue: £4.0bn to £4.5bn
- Adjusted operating profit margin: c.3.5%
- Cash conversion of operating profit: c.90%
- Balance sheet: sustainable net cash position with capacity to invest
- Dividend: sustainable dividend policy: c.3 x cover through the cycle
Performance Excellence
In order to introduce a consistent approach in how we develop and manage our people, processes, projects, costs and our future ways of working, we launched Performance Excellence.
Our values
Our values underpin and support everything we do.
These are:
How we add value
HS2 – earthworks
As part of the EKFB joint venture, Kier is delivering civil engineering works across an 80km section of the new high-speed rail link between the Chiltern Tunnel and
Long Itchington Wood in Warwickshire.
Hartsdown Academy
The project comprised of an enhanced library, science and music facilities as well as established team working environments to allow collaboration between different departments.
Arena Central
A major redevelopment in the heart of Birmingham City Centre included 10 buildings consisting of offices, shops, bars, cafés, restaurants and a hotel.
Delivering next generation broadband across the UK
Over the past 12 months, Kier has mobilised its teams and to date has installed over 100,000 kilometres of full fibre broadband to over 150,000 homes and businesses to support post-pandemic hybrid working and digital connectivity.
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Building a sustainable future
Our sustainability framework, 'Building for a Sustainable World', expands on our existing work undertaken on environmental protection and the creation of social value. Sustainability is critical to our purpose. We view it as a strategic and business mindset.
"The new decade for sustainable delivery began with a very clear message that we have changed our world, and not for the better. It is imperative that we move beyond the ‘green’ rhetoric and deliver credible and transparent change.”
Jo Gilroy, Head of Sustainability & Environment