Kier Group PLC (GB:KIE)
LSE:KIE
Earnings Data
Report Date
Sep 10, 2026TBA (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.14Last Year’s EPS
0.12Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a broadly positive picture: record order book, revenue and profit growth, improved balance sheet (period-end net cash GBP 103m and achieved average net cash for the first time in 13 years), upgraded credit metrics, increased shareholder returns (dividend and buyback) and a substantial near-term pipeline across infrastructure, water, defence, health and education. Key challenges relate to a seasonally weak H1 cash position (GBP 42m free cash outflow), an elevated near-term charge for fire and cladding remediation (expected ~GBP 30m in FY26 and similar in FY27), modest H1 margin below the full-year target range and some temporary revenue timing impacts from the shift to modular construction. Management reiterated medium-term targets and expressed confidence in H2 conversion and continued cash generation, so on balance the positives outweigh the risks.Company Guidance
Record Order Book and Revenue Visibility
Order book at a record GBP 11.6 billion, up 5% vs June 2025; represents 94% coverage of FY26 revenue and 78% coverage of FY27 revenue, supported by GBP 150 billion of framework positions and a GBP 35 billion near-term pipeline.
Revenue Growth
Group revenue GBP 2.029 billion, up 2.6% year-on-year driven primarily by Infrastructure Services.
Profit Growth and Margin Momentum
Adjusted operating profit GBP 71 million, up 6.6% year-on-year; group adjusted operating margin of 3.5% in H1 (10 basis points improvement vs HY'25) with full-year target range reiterated at 4.0%–4.5%.
Infrastructure Services Strength
Infrastructure Services revenue GBP 1.083 billion, up 4.9% with adjusted operating profit GBP 48.2 million (up GBP 2.1 million) and a maintained margin of 4.5%; notable contract wins include National Highways Legacy Concrete Framework (~GBP 900m), Maple Lodge Thames Water project (~GBP 280m) and Hinkley Point C extension.
Construction Order Book and Capabilities
Construction order book GBP 4.5 billion, up 5% and 96% secured for FY26; maintained operating margin at 3.9% and strengthened by in-house M&E capability supporting ~40% of Construction revenue.
Improved Balance Sheet and Cash Position
Period-end net cash GBP 103 million (up from GBP 58 million at Dec 2024); achieved average net cash for the first time in 13 years at ~GBP 16.8–17 million over the half; completed GBP 20 million buyback and launched a new GBP 25 million buyback program.
Shareholder Returns and Capital Allocation
Interim dividend increased to 2.6p per share (announced as c.30% increase); capital allocation framework maintained (dividend cover target ~3x), property investment up to GBP 225 million targeting 15% ROCE by FY28 and continued appetite for value-accretive M&A.
Financing and Credit Rating Improvements
Refinanced revolving credit facility to a 3-year GBP 190 million facility (GBP 40 million increase) with extension option; S&P upgraded to BB+ and Fitch moved outlook to positive (BB+ maintained).
Commercial Pipeline and Diversification
Broad pipeline and cross-divisional opportunities across water (AMP8), rail (including HS2 exposure), defence, health and education frameworks; Kier 360 integrated model and 750-strong in-house design team providing early engagement and cross-sell potential.
ESG and People Metrics
Achieved CDP A rating (top 4% globally for climate disclosure), first in sector in FTSE Women Leaders review, average supplier payments down to 32 days (95% within 60 days), 532 people in apprenticeships and inclusion in top 100 Apprenticeship Employers list.
GB:KIE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:KIE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2026 | 235.00 p | 226.50 p | -3.62% |
Sep 16, 2025 | 187.60 p | 200.79 p | +7.03% |
Mar 11, 2025 | 134.77 p | 117.64 p | -12.71% |
Sep 12, 2024 | 141.22 p | 131.44 p | -6.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Kier Group PLC (GB:KIE) report earnings?
Kier Group PLC (GB:KIE) is schdueled to report earning on Sep 10, 2026, TBA (Confirmed).
What is Kier Group PLC (GB:KIE) earnings time?
Kier Group PLC (GB:KIE) earnings time is at Sep 10, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Kier Group PLC stock?
The P/E ratio of Kier Group plc is N/A.
What is GB:KIE EPS forecast?
GB:KIE EPS forecast for the fiscal quarter 2026 (Q4) is 0.14.