Edition:
India

Kier Sees No Adverse Financial Impact From Carillion JVs


Monday, 15 Jan 2018 

Jan 15 (Reuters) - Kier Group Plc ::KIER GROUP PLC - NOTES TODAY'S ANNOUNCEMENT RELATING TO CARILLION PLC ("CARILLION").KIER GROUP PLC - KIER CURRENTLY OPERATES JOINT VENTURES INVOLVING CARILLION ON HS2 AND HIGHWAYS ENGLAND SMART MOTORWAYS PROGRAMME.KIER GROUP PLC - DO NOT EXPECT THERE TO BE AN ADVERSE FINANCIAL IMPACT ON GROUP ARISING FROM THESE JOINT VENTURE CONTRACTS.KIER GROUP - ‍"WE HAVE PUT IN PLACE CONTINGENCY PLANS FOR EACH OF THESE PROJECTS AND ARE WORKING CLOSELY WITH CLIENTS SO AS TO ACHIEVE CONTINUITY OF SERVICE"​.