Summary
Robust final results for construction giant Kier Group PLC point towards a new resilience for the business, which is a major player in landmark Gloucestershire building projects – not least the ready-to-roll Missing Link A417 project now f ast approaching completion .
Details
Underlining its top-three status in its field – and now with seven sector responsibilities* on its books – Kier is one of the largest publicly quoted construction and infrastructure contractors in the UK, its operation as a tier-one market leader now showing, as per this 2026 financial year ended June 30 , an annual revenue of £4.39bn.
That epic number represent a 7.5% increase in adjusted revenue (statutory revenue hitting £4.35bn) while – crucially – adjusted operating profit rose 6.7% to £169.8m . Also amid the figures, Kier showed that it had secured an average monthly net cash position of £10.7m, which marked its first positive balance in more than a decade, the figure being backed by a record order book of £11.9bn.
Buoyed by the latest fiscals, the firm launched a £25m share buyback scheme, while the period also saw several firsts in achievements for the company’s work culture: employee engagement scored 82%, reported accidents s dropped 12% and the a FTSE Women Leaders’ Review placed the company first in its sector, as did The Times’ for its Top 100 Apprentice Employers in construction.
Related stories
Stuart Togwell, CEO, said that reaching an average net cash position for the first time in over a decade spelt a significant milestone from which to build.
He said: “We are building a stronger, more focused Kier, concentrating our expertise, resources and talent where we can create the greatest value for customers, shareholders, communities and colleagues.” He added: “We enter FY27 with strong foundations and clear strategic priorities, to make the most of the sizeable opportunity in front of us.
In particular, we bring good momentum into the new financial year, with recent significant contract and framework awards, strong order book growth and an expanding pipeline.” Elsewhere, the accounts reveal a major de-risking move for the firm with a phased exit from property development investments.
By shifting capital entirely away from property risk, the group said is seeking to prioritise stable, fee-based contracting and infrastructure services.
Report source: Punchline Gloucester
