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

£11.0bn

Free cash flow generation

£155.4m

Net cash

£204.1m

Live projects

+400

Value accretive earnings-led business model

Delivering sustainably stronger returns

Attractive market positions

Focused on UK infrastructure Services and Construction, aligned to Government's priorities

Strong order book

Underpinned by long-term contracts and framework agreements

Experienced management team

Proven track record of operational and financial delivery


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

Focus on government, regulated or blue-chip client base

Operate in business to business markets

Contracting through long-term frameworks

Strategic actions

Sustainable growth

Consistent and Safe Delivery

Generate Cash

Our building blocks for success

An integrator and strategic partner

An integrator and strategic partner

Breadth, depth and diversity of talent

Breadth, depth and diversity of talent

Supply chain partnerships

Supply chain partnerships

Innovation and digitalisation

Innovation and digitalisation

A culture of Performance Excellence

A culture of Performance Excellence

Delivering safely and sustainably

Delivering safely and sustainably

Our values

Collaborative

Collaborative

Trusted

Trusted

Focused

Focused

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