Contractors promise recoveries but how will Kier and Costain turn their fortunes around?

By Dave Rogers2020-09-21T05:00:00

Galliford Try is another trying to get back on track with all three firms reckoning on better days ahead. Dave Rogers takes a look at the figures

It was a technical issue after all but of all the companies to see its annual results delayed by a glitch – apparently due to the timing of getting all parties signing off for the London Stock Exchange deadline – it had to be Kier.

When last Thursday the firm’s 2020 numbers were eventually released, more than two and a half hours after they were supposed to be, the picture painted was of a business where the long-term outlook was better than the impression a £225m pre-tax loss might have actually given.

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