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Kier Group PLC (KIE.L)

KIE.L on London Stock Exchange

349.20GBp
9:05pm IST
Change (% chg)

0.60 (+0.17%)
Prev Close
348.60
Open
353.60
Day's High
356.40
Day's Low
340.20
Volume
326,512
Avg. Vol
1,327,756
52-wk High
1,109.47
52-wk Low
319.40

Latest Key Developments (Source: Significant Developments)

Woodford Investment Management Discloses 18.14 Pct Stake In Kier Group As Of April 9 - Filing
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Kier Group PLC ::WOODFORD INVESTMENT MANAGEMENT LTD DISCLOSES 18.14 PERCENT STAKE IN KIER GROUP PLC AS OF APRIL 9 VERSUS PRIOR STAKE OF 17.06 PERCENT - FILING.  Full Article

Woodford Investment Management Raises Stake To 16.21 Pct In Kier Group
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Kier Group PLC ::WOODFORD INVESTMENT MANAGEMENT RAISES STAKE TO 16.21 PERCENT FROM 15.01 PERCENT IN KIER GROUP PLC - FILING.  Full Article

Kier Says HY Underlying Pretax Profit Fell To 39 mln stg vs.49.4 mln stg
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Kier Group PLC ::RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2018.NET DEBT POSITION AS AT 31 DECEMBER 2018 OF £180.5M (DECEMBER 2017: £238.5M).FY19 FORECAST TO BE EARNINGS AND CASH FLOW NEUTRAL.NET SAVINGS OF £20M ANTICIPATED IN FY20.REGIONAL BUILDING AND PROPERTY DEVELOPMENT BUSINESSES CONTINUE TO OPERATE WELL.ARE EXPERIENCING SOME VOLUME PRESSURES IN HIGHWAYS, UTILITIES AND HOUSING MAINTENANCE MARKETS.MAINTAINING UNDERLYING FY19 EXPECTATIONS, WITH FULL-YEAR RESULTS BEING WEIGHTED TOWARDS SECOND-HALF OF FINANCIAL YEAR, AS EXPECTED.GROUP'S ORDER BOOK WAS C.£10BN AT 31 DECEMBER 2018 (H1 FY18: £9.8BN), FOLLOWING C.£2.1BN OF AWARDS IN PERIOD.INTERIM DIVIDEND OF 4.9P (H1 FY18: 23.0P), AMOUNTING TO £8M, WILL BE PAID ON 17 MAY 2019.HY UNDERLYING PROFIT BEFORE TAX £39.0M VERSUS £49.4M.HY REVENUE OF £2.2BN (H1 FY18: £2.1BN).HY STATUATORY LOSS BEFORE TAX OF £35.5 MILLION VERSUS. PROFIT OF £34.3 MILLION A YEAR EARLIER.  Full Article

Andrew Davies Will Be Named On Tuesday As The New Boss Of Kier - Sky News
Tuesday, 19 Mar 2019 

March 18 (Reuters) - Carillion PLC ::ANDREW DAVIES WILL BE NAMED ON TUESDAY AS THE NEW BOSS OF KIER - SKY NEWS.  Full Article

Woodford Investment Discloses 15.01 Pct Stake In Kier As Of Jan. 22
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - WOODFORD INVESTMENT MANAGEMENT::WOODFORD INVESTMENT MANAGEMENT DISCLOSES 15.01 PERCENT STAKE AS OF JAN. 22 IN KIER GROUP VERSUS EARLIER STAKE OF 14.16 PERCENT - FILING (CORRECTS 'INVESTMENT' SPELLING).  Full Article

Kier Group Says On Track To Meet Its FY 2019 Expectations
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Kier Group PLC ::KIER GROUP PLC - ON TRACK TO MEET ITS FY19 EXPECTATIONS.KIER GROUP PLC - HY AVERAGE MONTH-END NET DEBT OF C.£370M (H2 FY18: £410M).KIER GROUP PLC - FULL-YEAR RESULTS BEING WEIGHTED TOWARDS SECOND HALF OF FINANCIAL YEAR, AS USUAL.KIER GROUP PLC - FUTURE PROOFING KIER PROGRAMME IS PROGRESSING WELL.KIER GROUP - FY19 POSITION IS STILL EXPECTED TO BE EARNINGS AND CASHFLOW NEUTRAL REGARDING FUTURE PROOFING PROGRAMME.KIER GROUP PLC - INFRASTRUCTURE SERVICES AND BUILDINGS BUSINESSES WON A NUMBER OF NEW CONTRACT AWARDS IN H1.KIER GROUP PLC - NOW HAVE 100% VISIBILITY OF FORECAST REVENUE FOR FY19 AND AN ORDER BOOK OF MORE THAN £10BN.KIER GROUP PLC - AS AT 31 DECEMBER 2018, GROUP'S NET DEBT WAS C.£130M (31 DECEMBER 2017: £239M).  Full Article

Kier Says CEO Will Stand Down Immediately
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Kier Group PLC ::ITS CHIEF EXECUTIVE, HAYDN MURSELL, WILL STAND DOWN FROM BOARD OF DIRECTORS (" BOARD") AND LEAVE BUSINESS WITH IMMEDIATE EFFECT.EXECUTIVE SEARCH FOR AN EXTERNAL SUCCESSOR TO MURSELL COMMENCES IMMEDIATELY.PHILIP COX, TO ACT AS EXECUTIVE CHAIRMAN.CONFIDENT THAT GROUP WILL MEET ITS EXPECTATIONS FOR FINANCIAL YEAR ENDING 30 JUNE 2019.FULL-YEAR RESULTS WEIGHTED TOWARDS SECOND HALF OF FINANCIAL YEAR, AS USUAL.  Full Article

BRIEF-Woodford Investment Management's Stake In Kier Group Falls To 13.58 Pct From 15.40 Pct - Filing
Friday, 21 Dec 2018 

Corrects reason for stake fall:WOODFORD INVESTMENT MANAGEMENT'S STAKE IN KIER GROUP FALLS TO 13.58 PCT FROM 15.40 PCT AFTER RIGHTS ISSUE - FILING.  Full Article

Woodford Investment Management Cuts Stake In Kier Group To 13.58 Pct From 15.40 Pct - Filing
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Kier Group PLC ::WOODFORD INVESTMENT MANAGEMENT CUTS STAKE IN KIER GROUP TO 13.58 PERCENT FROM 15.40 PERCENT - FILING.  Full Article

Kier Group To Sell Shares In KHSA To Downer
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Kier Group PLC ::DISPOSAL OF KIER SHARE IN KHSA TO DOWNER.DEAL FOR A TOTAL CONSIDERATION OF UP TO AUS$43.7M.DISPOSAL IS EXPECTED TO RESULT IN A PROFIT OF C.£15 MILLION, SUBJECT TO POST-COMPLETION ADJUSTMENTS.PROCEEDS FROM SALE WILL BE USED TO ACCELERATE REDUCTION OF KIER'S NET DEBT.  Full Article

UPDATE 2-Kier's new boss to lead strategy review

* Stock rises 4 pct (Adds detail on debt, share sale, shares)