Kier recovery continues but nervous construction clients stall on jobs amid inflation worries

By Dave Rogers2022-03-09T11:00:00

Revenue at firm’s biggest division hit by impact of rising costs

Kier has said the impact of rising costs meant its construction business was hit by delays to project starts as clients took longer to sign off jobs, blunting turnover in the first half.

Revenue from its construction arm, its biggest division in the first half of 2020, was down a quarter in the six months to December 2021 to £681m.

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