Kier Group announces £300m of new contracts

16th Dec 2015 07:48

(ShareCast News) - Property and construction services company Kier Group announced £300m of new contracts on Wednesday. Kier said it has secured a 20-month extension up to June 2017 to the existing managing agent contractor contract covering Devon and Cornwall and a 17-month extension to March 2017

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Kier Group on track to meet expectations for the year

12th Nov 2015 09:35

(ShareCast News) - Kier Group said it is on track to meet is expectations for the current financial year, with results weighed towards the second half. The property, residential, construction and services group said good progress has been made on the integration of the Mouchel acquisition, completed

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FTSE 250 movers: Kier Group rebounds from last week; Rotork falls after downgrade

21st Sep 2015 14:03

(ShareCast News) - After a slow morning on Monday, the FTSE 250 was up 0.25% or 43.22 points to 16,993.95. Kier Group has started to bounce back after last week's fall from grace. The stock slumped despite reporting a jump in pre-tax profit for the year ended 30 June as revenue rose thanks to a soli

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Friday newspaper share tips: Premier Farnell and Kier Group

18th Sep 2015 11:45

(ShareCast News) - Premier Farnell is in a bit of a mess at the moment, according to The Times' Tempus, after a 13.7% fall in interim pre-tax profits, and a warning second half operating profits could be lower than forecasts. Tempus said the stock is a good indicator of global economic trends, but i

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London close: Stocks fall ahead of FOMC interest rate decision

17th Sep 2015 16:26

(ShareCast News) - London stocks dropped on Thursday as investors turned their attention to the Federal Reserve's announcement on interest rates due after the close. The market sees a less than 25% chance that the Fed will raise rates. The Federal Open Market Committee publishes its decision at 1900

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Kier Group full-year profit jumps, confident on outlook

17th Sep 2015 07:38

(ShareCast News) - Kier Group posted a jump in pre-tax profit for the year ended 30 June as revenue rose thanks to a solid performance in all its divisions. The property and construction group said underlying pre-tax profit came in at £85.9m, up 17% from last year, on revenue of £3.4bn, up from £2.9

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Kier Group retained as sole contractor on Scape's £1.5bn project

28th Aug 2015 08:33

(ShareCast News) - Property and construction group Kier Group has been retained as the sole contractor on Scape Group's £1.5bn framework. The London-listed company said the Scape National Minor Works scheme covers the whole of Britain and, over the next four years, will deliver projects valued betwe

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Kier names former Keller CEO as new non-exec director

30th Jul 2015 12:35

(ShareCast News) - Justin Atkinson has been appointed as non-executive director of Kier Group, the residential and construction group confirmed on Thursday. Atkinson, who will step into his new role on 1 October, was chief executive of Keller from April 2004 until May this year when he retired and h

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Kier's joint venture wins contracts with Highways England

22nd Jul 2015 09:26

(ShareCast News) - Construction firm Kier Group's joint venture with support service group Carillion has secured one of Highways England's largest Smart Motorway Programme contracts worth up to £475m, the company said on Wednesday. The group said the contracts, awarded as part of Collaborative Deliv

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Kier sells off fleet unit for £17.9m

2nd Jul 2015 07:32

Construction and property services group Kier has sold off its fleet and passenger services (FPS) business for £17.9m in cash, including the transfer of FPS' finance lease debt of roughly £32m. The FTSE 250 group, which had taken on the FPS unit as part of its acquisition of May Gurney in 2013, said

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London pre-open: Stocks to extend drop as Greek crisis deepens

30th Jun 2015 07:40

UK stocks are set to drop further on Tuesday morning after finishing at a five-month low the previous session with Greece set to default on a debt repayment to the IMF. After failing to secure a funding deal with creditors, Athens has effectively ran out of time to come up with the cash to repay the

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Kier on track; integration of Mouchel going well

30th Jun 2015 07:09

Kier Group said on Tuesday that the underlying trading performance for all four of its divisions for the year to 30 June 2015 has remained in line with management's expectations. Following the completion of the acquisition of MRBL Ltd (Mouchel) on 8 June, and as a result of continued underlying orga

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Carillion, Eiffage and Kier in HS2 joint venture

24th Jun 2015 08:35

Carillion, Eiffage and Kier have announced a joint venture partnership to support the delivery of the UK's High Speed 2 rail project. The engineering and design firms have experience in the design, construction, operation, financing and maintenance of railway networks in Europe, including high speed

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London close: Stocks shake off worries, close off lows

9th Jun 2015 16:38

London stocks managed to finish the session above their worst levels of the day as Wall Street fought to break a three day losing streak, although worries regarding the situation in Greece and the recent selling in German sovereign debt markets continued to weigh on sentiment. The Footsie ended the

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London midday: Stocks knocked lower by Greek worries, Chinese data

9th Jun 2015 12:14

London stocks registered early gains although traders were still treading cautiously given the delicate state of the negotiations between Greece and its creditors. As of 12:20 the Footsie was lower by 19.89 points or 0.29% to 6,773.54 points. In parallel, Germany's Dax could be seen lower by 1.30% t

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