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United Kingdom

Kier Group PLC (KIE.L)

KIE.L on London Stock Exchange

130.80GBp
14 Jun 2019
Change (% chg)

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130.80
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Avg. Vol
1,313,767
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1,109.47
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126.20

Latest Key Developments (Source: Significant Developments)

Kier Group Sees Fy2019 Underlying Oper Profit About £25 Mln Lower Than Previous Expectations
Monday, 3 Jun 2019 

June 3 (Reuters) - Kier Group PLC ::KIER GROUP PLC - UPDATE ON TRADING, FPK PROGRAMME, STRATEGIC REVIEW.KIER GROUP PLC - CONTINUES TO EXPERIENCE VOLUME PRESSURES WITHIN ITS HIGHWAYS, UTILITIES AND HOUSING MAINTENANCE BUSINESSES.KIER GROUP PLC - NOW EXPECTS THAT FY2019 REVENUE WILL BE BROADLY IN LINE WITH GROUP'S REPORTED REVENUE FOR 2018 FINANCIAL YEAR.KIER GROUP PLC - BUILDINGS BUSINESS' REVENUE GROWTH FOR FY2019 WILL BE LOWER THAN PREVIOUSLY FORECAS.KIER GROUP PLC - CURRENTLY EXPECTS THAT GROUP'S UNDERLYING OPERATING PROFIT FOR FY2019 WILL BE C. £25 MILLION LOWER THAN PREVIOUS EXPECTATIONS.KIER GROUP PLC - KIER WILL PROVIDE UPDATED GUIDANCE FOR FY2020 WITH ITS FY2019 PRELIMINARY RESULTS ANNOUNCEMENT ON 19 SEPTEMBER 2019..KIER - LIKELY TO REPORT A NET DEBT POSITION AS AT 30 JUNE 2019, WHICH WOULD HAVE AN ADVERSE IMPACT ON ITS FY2019 AVERAGE MONTH-END NET DEBT POSITION.KIER GROUP PLC - NET COSTS ASSOCIATED WITH FPK PROGRAMME FOR FY2019 ARE NOW EXPECTED TO BE C. £15 MILLION HIGHER THAN PREVIOUSLY FORECAST.KIER GROUP PLC - CONCLUSIONS OF STRATEGIC REVIEW WILL BE ANNOUNCED ON 30 JULY 2019.  Full Article

Kier Group Says Co Re-Appointed To Western Power Distribution's South West Framework
Monday, 20 May 2019 

May 20 (Reuters) - Kier Group PLC ::RE-APPOINTMENT TO WESTERN POWER DISTRIBUTION'S SOUTH WEST FRAMEWORK.C.£70M 3-YEAR FRAMEWORK WITH POSSIBLE 2 YEAR EXTENSION TO SEE UTILITIES BUSINESS DELIVER EXCAVATION, CABLE LAYING, REINSTATEMENT SERVICES.  Full Article

Kier Says Andrew Davies Will Lead Strategic Review Of Group
Monday, 15 Apr 2019 

April 15 (Reuters) - Kier Group PLC ::APPOINTMENT OF CHIEF EXECUTIVE & STRATEGIC REVIEW.ANDREW DAVIES HAS TODAY JOINED AS CHIEF EXECUTIVE AND THAT PHILIP COX HAS RESUMED ROLE OF NON-EXECUTIVE CHAIRMAN.ANDREW DAVIES HAS TODAY JOINED AS CHIEF EXECUTIVE.PHILIP COX HAS RESUMED ROLE OF NON-EXECUTIVE CHAIRMAN.ANDREW DAVIES WILL LEAD A STRATEGIC REVIEW OF GROUP.  Full Article

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 Discloses 17.06 Pct Stake In Kier Group - Filing
Tuesday, 2 Apr 2019 

April 2 (Reuters) - :WOODFORD INVESTMENT MANAGEMENT DISCLOSES 17.06% STAKE IN KIER GROUP - FILING.  Full Article

Kier Names Andrew Davies As CEO
Tuesday, 19 Mar 2019 

March 19 (Reuters) - Kier Group PLC ::APPOINTMENT OF CHIEF EXECUTIVE.APPOINTS ANDREW DAVIES AS CEO.APPOINTMENT OF ANDREW DAVIES AS CHIEF EXECUTIVE WITH EFFECT FROM 15 APRIL 2019.WITH EFFECT FROM 15 APRIL 2019, PHILIP COX WILL RESUME HIS ROLE AS NON-EXECUTIVE CHAIRMAN.DAVIES WAS ANNOUNCED AS CHIEF EXECUTIVE OF CARILLION PLC.  Full Article

Kier Group Says Revised Net Debt Position As At 31 December 2018 To 180.5 Mln Stg
Monday, 11 Mar 2019 

March 11 (Reuters) - Kier Group PLC ::UPDATE.CONTINUES TO FORECAST A NET CASH POSITION AT 30 JUNE 2019 AND REMAINS FOCUSED ON REDUCING ITS AVERAGE MONTH-END NET DEBT.REMAINS ON COURSE TO MEET UNDERLYING FY19 EXPECTATIONS, WITH FY RESULTS BEING WEIGHTED TOWARDS SECOND-HALF OF FINANCIAL YEAR, AS EXPECTED.HAS RE-CALCULATED ITS AVERAGE MONTH-END NET DEBT FOR SIX MONTHS ENDED 31 DECEMBER 2018 AS BEING C.£430M (FROM C.£370M).REVISED ITS NET DEBT POSITION AS AT 31 DECEMBER 2018 TO £180.5M (FROM C.£130M).  Full Article

Woodford Investment Management Discloses 14.16 Pct Stake In Kier Group - Filing
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Kier Group PLC ::WOODFORD INVESTMENT MANAGEMENT LTD DISCLOSES 14.16 PERCENT STAKE IN KIER GROUP PLC - FILING.  Full Article

Prudential Discloses 7.93 Pct Stake In Kier Group
Monday, 31 Dec 2018 

Dec 31 (Reuters) - Kier Group PLC ::PRUDENTIAL PLC GROUP OF COMPANIES DISCLOSES 7.93 PERCENT STAKE IN KIER GROUP PLC - FILING.  Full Article

Kier Group Completes Sale Of Shares In KHSA Limited
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Kier Group PLC ::KIER GROUP PLC - COMPLETION OF DISPOSAL.KIER GROUP PLC - COMPLETION OF DISPOSAL OF KIER SHARE IN KHSA LIMITED TO DOWNER GROUP.KIER GROUP PLC - COMPLETED DISPOSAL OF KHSA LIMITED TO DOWNER GROUP FOR A TOTAL CONSIDERATION OF UP TO AUS$43.7M.  Full Article

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FTSE 100 dips as global growth concerns dominate; Kier hits record low

London's FTSE 100 weakened on Friday as Asia-focused banks took a hit from underwhelming Chinese industrial growth data, while Kier shed more than a third of its value after it was reported to be planning to sell its housebuilding unit at a discount.