{"id":5744,"date":"2025-06-03T08:46:37","date_gmt":"2025-06-03T08:46:37","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=5744"},"modified":"2025-06-03T08:46:37","modified_gmt":"2025-06-03T08:46:37","slug":"kier-upgrades-margin-target-as-order-book-holds-firm","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/kier-upgrades-margin-target-as-order-book-holds-firm\/","title":{"rendered":"Kier upgrades margin target as order book holds firm"},"content":{"rendered":"<p data-start=\"202\" data-end=\"321\">Kier has upgraded its operating margin target after a strong performance in the first 10 months of the financial year.<\/p>\n<p data-start=\"323\" data-end=\"473\">The contractor is now aiming to deliver margins of 4%\u20134.5% within three to five years, up from the previously stated 3.5%.<\/p>\n<p data-start=\"323\" data-end=\"473\">Kier said tighter bidding discipline had built a stronger quality order book, which combined with the recapitalisation of our property business, had led to an upgrade in operating profit margin target.<\/p>\n<p data-start=\"323\" data-end=\"473\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"93789\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.constructionline.co.uk%2Finsights%2Fwhitepapers%2Fprocurement-act-guide%2F%3Futm_source%3Dpr%26utm_medium%3Dconstruction_enquirer%26utm_campaign%3Dprocurement_act%26utm_year%3D2025%26utm_content%3Dprocurement_act_guide\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/constructionline gifmaker_me.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"475\" data-end=\"647\">In an update to city investors today, Kier will report an order book of around \u00a311bn at the end of April \u2014 up 2% on its June 2024 year-end position of \u00a310.8bn \u2014 with about 80% of next year\u2019s revenue already locked in.<\/p>\n<p data-start=\"844\" data-end=\"864\">Recent wins include:<\/p>\n<ul data-start=\"865\" data-end=\"1153\">\n<li data-start=\"865\" data-end=\"924\">\n<p data-start=\"867\" data-end=\"924\">A \u00a3400m five-year renewal of Anglian Water\u2019s IOS Alliance<\/p>\n<\/li>\n<li data-start=\"925\" data-end=\"984\">\n<p data-start=\"927\" data-end=\"984\">A local highways extension with Shropshire County Council<\/p>\n<\/li>\n<li data-start=\"985\" data-end=\"1017\">\n<p data-start=\"987\" data-end=\"1017\">Two education jobs worth \u00a3180m<\/p>\n<\/li>\n<li data-start=\"1018\" data-end=\"1077\">\n<p data-start=\"1020\" data-end=\"1077\">A PCSA with University of Warwick for new STEM facilities<\/p>\n<\/li>\n<li data-start=\"1078\" data-end=\"1153\">\n<p data-start=\"1080\" data-end=\"1153\">Planning secured for a \u00a3200m rail-led redevelopment at Bishop\u2019s Stortford<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1377\" data-end=\"1553\" data-is-last-node=\"\" data-is-only-node=\"\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"439734\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=http%3A%2F%2Fwww.intersteels.com%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/Retro-FitsteelspecialistsGIF-ezgif.com-resize.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"1377\" data-end=\"1553\" data-is-last-node=\"\" data-is-only-node=\"\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"498213\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.ardenttide.co.uk%2Fcw%2FArticle-Seamless-Transition.html%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" target=\"_blank\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"https:\/\/www.constructionenquirer.com\/wp-content\/uploads\/atl-300-250.gif\"\/><\/a><\/div>\n<\/div>\n<p data-start=\"1377\" data-end=\"1553\" data-is-last-node=\"\" data-is-only-node=\"\">\n<p>from Construction Enquirer https:\/\/ift.tt\/BvArYxG<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kier has upgraded its operating margin target after a strong performance in the first 10 months of the financial year. The contractor is now aiming to deliver margins of 4%\u20134.5% within three to five years, up from the previously stated 3.5%. Kier said tighter bidding discipline had built a stronger quality order book, which combined [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":153,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-5744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/5744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=5744"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/5744\/revisions"}],"predecessor-version":[{"id":5745,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/5744\/revisions\/5745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/152"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=5744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=5744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=5744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}