Kier upbeat as firm eyes improved first half results

By Dave Rogers2021-01-19T07:56:00

But firm’s average month-end net debt refuses to budge much from last year’s £436m

Kier has said its first half results for 2020/21 will be better than those it posted last time when the firm racked up pre-tax losses of more than £40m.

In a trading update this morning for the six months to December last year, the country’s second biggest builder said a fall in the amount it was having to shell out in one-off payments such as redundancy costs would see the firm issue a set of numbers “materially better” than the same period last year.

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