KIER Group has hailed a ‘strong’ set of financial results for the six months ended 31 December 2025.
The firm has reported revenue growth of 2.6% to £2,029 million for the period, and adjusted operating profit growth of 6.6% to £71 million. Average net cash for the reporting period was £16.8 million, with net cash at period end sitting at just under £103 million. The group’s order book rose 5% to a record £11.6 billion.
Chief executive Stuart Togwell said, “We have delivered a strong first half, with good growth in both revenue and profits, reaching an average net cash position for the first time in 13 years, a significant milestone for the group. These results reflect the strength of our customer relationships, the quality of our teams and our operational excellence.
“Underpinned by our robust cash generation, we are pleased to announce an increase in the interim dividend, in line with earnings, and a further £25 million share buyback programme.”
Togwell added that, across the group, there is ‘real energy and optimism’.
“Following our strong first half performance, the group continues to trade well with full year performance forecast to be in line with the board’s expectations,” he continued. “With a growing, high quality order book, expert project delivery, robust cash generation and disciplined use of capital, we remain confident in driving further returns for our stakeholders.”
