Analysts eye details on more cash-raising measures as Kier prepares to unveil half-year results

By Dave Rogers2021-04-19T11:36:00

Firm to announce interim figures on Wednesday with focus centring on potential equity raise

Analysts are expecting to hear more about a potential equity raise by Kier when the firm releases its interim results on Wednesday, days after it said it was finally selling its housing business after nearly two years of being up for sale.

Kier announced on late Friday afternoon that it had agreed a £110m deal for the business with a private equity firm headed by Guy Hands which is expected to be rubber-stamped by the middle of June.

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