A combination of strong orders and a programme of cost savings mean that Kier is expected to deliver an adjusted operating profit margin of 3% this year, the company has revealed.
Kier said in a trading update ahead of its full-year results on 16 September that it expected full-year results to be “moderately ahead” of the board’s expectations, reflecting “strong operational performance”.
It also credited numerous cost savings realised in response to the reduced volumes caused by covid-19 during the financial year for its performance.
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