Kier Group PLC (KIE.L), a British construction, services, and property company, Tuesday announced that it has continued to trade well, with first half and estimated fiscal 2026 performance remaining in line with the Board's expectations.
In its trading update for the six months ended December 31, the company noted that the order book as of December 31 was around 11.6 billion pounds, compared to 11 billion pounds in the same perido last year.
Stuart Togwell, Chief Executive of Kier, stated, "We performed strongly in the first half of FY26, in line with our expectations, taking good momentum into the second half of the year. In particular, the achievement of an average net cash position for the period represents a significant milestone and is testament to our culture of operational delivery and focus on working capital management."
The company plans to publish first-half results on March 3.
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