Kier’s purpose is to sustainably deliver infrastructure which is vital to the UK.

We are a leading provider of infrastructure services, construction, and property developments. We are committed to delivering for communities and leaving lasting legacies through our work.


Investment proposition

Creating value from our long-term sustainable growth plan

Group revenue

£4.1bn

Adjusted operating profit

£159.1m

Order book

£11.6bn

Free cash flow generation

£155.4m

Net cash

£204.1m

Live projects

+400

Attractive market positions

Aligned to UK's 10 year infrastructure investment programme

Government, regulated and blue-chip customers

Differentiated business model

National scale and local execution

Integrated 360 approach and specialist capabilities

Delivery of economic and social value

Strong financial profile

Frameworks and order book provide multi year revenue visability

Industry leading profitability levels

High, recurring, cashflow generation

Capital allocation.svg

Capital allocation drives shareholder value

Efficient balance sheet utilisation

Extended share buy back programme

Dividend at 3.0x cover

Bolt-on, accretive acquisitions


Our strategic framework

Our strategy focuses on leveraging our attractive market positions to sustainably deliver infrastructure which is vital to the UK.

Our purpose

To sustainably deliver infrastructure which is vital to the UK

Our vision

To be the UK's leading infrastructure services and construction company

Our strategy

Strategic actions

Our building blocks for success

Our values

Long-term sustainable growth plan

Following the significant progress of the Group over the last three years, the Group is now focused on driving long-term shareholder value through our evolved targets.

  • Revenue – GDP + growth through the cycle
  • Balance sheet – Average net cash with investment of surplus cash 
  • Dividend – Sustainable dividend policy: c.3x earnings cover through the cycle

Adjusted operating profit margin:

4.0% – 4.5%

in 3 to 5 years

Cash flow conversion of operating profit: 

c.90%

Our four objectives to deliver on our strategic actions:

Objective 1

Leverage our attractive market share positions in growing markets

Why this is vital

  • Supports the UK Government in delivering much-needed infrastructure, particularly in areas impacted by historical under investment as well as the decarbonisation agenda (water, environment, energy, affordable housing and housing maintenance)

Objective 2

Maintain and enhance long-term customer relationships

Why this is vital

  • Supports our customers with their long-term capital investment and maintenance of their assets, as well as their environmental and social commitments
  • Long-term frameworks require strong relationships with the UK Government, regulated and blue-chip partners, together with sector expertise 

Objective 3

Resilient and well-balanced portfolio

Why this is vital

  • Enables the Group to reduce risk and maximise opportunities
  • Unlocks synergies from integrated business
  • Develops a platform to attract and retain people talent
  • Supports supply chain relationships with suppliers which deliver our projects

Objective 4

Deliver disciplined growth, consistent profitability and cash generation

Why this is vital

  • Fundamental to a sustainable business