A “routine review” with the Financial Reporting Council led to Kier’s pre-tax profit being restated for its previous financial year, according to chief executive Haydn Mursell.
Kier CEO: ‘We’ll ride out short-selling’Subscription
Kier chief executive Haydn Mursell believes the company will ride out negative sentiment that has led to more than 10 per cent of its stock being shorted.
Kier’s pre-tax profit in its latest full-year results surged to £106.2m as its previous accounts were downgraded to a pre-tax loss.
Mackintosh fire: School of Art 'to be rebuilt'Subscription
The Glasgow School of Art’s Mackintosh Building will be rebuilt to the original designs following a devastating fire in June, the chair of the school has said.
Kier wins tropical medicine university jobSubscription
Kier has won the contract to build a research facility for the London School of Hygiene & Tropical Medicine (LSHTM).
Kier features and analysis
Kier, I’m afraid to say, has a real presentation problem.
Kier will release its annual results on Thursday and the big bets are split over which way the numbers will go.
Highways England’s national resurfacing deal gave Tarmac victory in the monthly league and produced a distorted August top 50 for the second year running.
The value of the top 50 contract wins table hit its lowest point for nearly two years in July as Kier notched up yet another league triumph.
When Royal Mail shareholders cast their votes on directors’ pay last week, the results will have sent shivers through boardrooms across the country.
Corporate pay packets are being scrutinised like never before. CN analysed the accounts of the biggest listed construction firms to reveal who earns the most among the top bosses.
Activity across the top 50 contractor league once again held relatively steady in June as Multiplex claimed the summit for the first time since January last year.
Steady top-50 activity in May saw Wates bag its first ever monthly league top spot and Sir Robert McAlpine fall back in the annual table.
The value of the contract top 50 recovered in April after a miserable March – driven in part by a dominant display from Kier.
Few people fully realise the importance of concrete to Crossrail and how the £14.8bn project has pushed the boundaries of what the material can do.
Top-50 contract wins were down month on month and year on year in March as Balfour pipped Kier to the league summit.
Construction officially has the worst gender pay gap of any UK industry. Binyamin Ali examines the figures for the 10 biggest contractors and looks at what needs to be done.
“I don’t know about you, but my school was nothing like this.”
Locals get a glimpse of Kier’s brand new materials engineering centre for Warwick University.
The contractor top 50 increased more than 20 per cent year on year in February as Mace signed a single £400m deal to claim first place in the monthly league.
“Profit is not a dirty word, a contractor’s profit should be a reflection of the premium of the risk on the job.”
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