Kier Group announces record profits E-mail
Thursday, 13 September 2007

Kier Group has announced pre-tax profits have risen by more than 30%, announcing yearly profits of nearly £80m.
 
 

The construction and services group said profit rose from £61m to £79.6m in the year to 30 June 2007, while turnover increased from £1,838.3m to £2,127.9m. It reported that construction and support services order books were at record levels of £3.5bn up from 2.9bn in 2006.
 
Chief executive John Dodds said the group was in great shape reporting healthy margins in all its divisions.
 
He said: “Our construction order books are at record levels and our construction businesses are experiencing very strong markets allowing us to be highly selective in the work we undertake.”
 
In homes Dodds said that the market continues to be sound and that Kier would continue to look for further opportunities to expand the business.

 

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