Kier Group

What Kier Group does

Kier Group plc is a UK-listed infrastructure services, construction and property group (LSE: KIE) headquartered in Bedfordshire. The company operates through three reportable segments: Infrastructure Services (maintenance, repair and upgrade of utility networks including water distribution and flood-defence assets), Construction (delivery of buildings, roads, rail, tidal barriers, marine structures, hospitals and schools), and Property (residential towers, commercial developments and urban regeneration). Customer base is heavily skewed to the UK public sector — Environment Agency, Somerset Council, NHS trusts, and water utilities — alongside regulated private utilities such as South West Water and Anglian Water.

The business generates revenue primarily through competitive tendering and framework-based contracts. H1 FY2026 (six months to 31 December 2025) revenue reached £2,029m, up 2.6% year-over-year, with adjusted operating profit of £71m (+6.6%) and adjusted EPS of 9.5p (+9.2%). The order book stood at a record £11.6bn, covering 94% of expected FY2026 revenue — providing unusually high forward visibility for a UK contractor. Kier achieved its first positive average net cash position in 13 years (period-end £103m, average £17m) and initiated a £25m share buyback alongside a 30% interim dividend increase, signaling a capital-return phase following extended balance-sheet repair.

Technology deployment is narrow but evidenced: AI-powered smart energy sockets from measurable.energy are used on site accommodation, delivering 47% energy-use and 34% CO2 reductions. Prestige contract wins — including consortium leadership on the £200m UK STEP fusion prototype at West Burton with Nuvia/VINCI, the £101m Bridgwater Tidal Barrier continuation contract, and a two-year extension on the £140m South West Water Network Services Alliance — illustrate a deliberate move into next-generation energy infrastructure alongside the legacy water, defence and public-buildings portfolio. Operations span England, Scotland and Wales with 10,000+ employees.

Name

Kier Group

Legal name

Kier Group plc

Website

https://kier.co.uk

Company type

Public

Founded year

1920

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Kier Group plc is a UK-listed infrastructure services, construction and property group serving UK public-sector clients (Environment Agency, NHS, local authorities) and regulated water utilities such as South West Water and Anglian Water through long-term framework contracts and direct tenders.

Ownership category

akta.pro rank

Product category

Construction and Infrastructure Services

NAICS

Water and Sewer Line and Related Structures Construction (237110), Utility System Construction (2371)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Stormwater & Drainage Infrastructure Construction (Sewer, Detention, Outfalls) (IMAFAGAF)

akta.pro secondary industries

Storage & Conveyance Structures (Reservoirs, Tanks, Culverts, Tunnels) (IMAFAGAE), Emergency Response & Sewer Repair (Blockages, Collapses) (EUANACAL), Plumbing & Utility Systems (Potable/Non-Potable Water, Sanitary, Storm, Sewage Lift) (EUAEAFAF)

Keywords

• Construction services
• Infrastructure maintenance
• Civil engineering
• Property development
• Building construction

Headquarters

HQ city

Sandy

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Distribution channels3 records

Marketing channels3 records

Core offering

Kier Group provides integrated infrastructure services, construction, and property development across the UK through three operating segments. The Infrastructure Services segment delivers maintenance, repair, and upgrades to water utility networks, flood defence systems, and transportation infrastructure. The Construction segment builds hospitals, schools, roads, railways, tidal barriers, and marine structures. The Property segment develops residential towers, commercial schemes, and urban regeneration projects.

Product overview

Kier Group operates as a UK-based infrastructure services, construction, and property group with three core segments: Infrastructure Services, Construction, and Property. The Infrastructure Services division provides maintenance and upgrade works across utility networks including water distribution and flood defence systems. The Construction division delivers major infrastructure projects such as tidal barriers, transport hubs, schools, hospitals, and marine facilities. The Property division develops residential and commercial property schemes including high-rise residential towers and urban regeneration projects. These three divisions work together to provide end-to-end infrastructure and development services across the UK.

Differentiator

Problem solved

Functional benefit

Products and services

• Infrastructure Services
• Construction
• Property

Quantifiable outcome

• Reduces tidal flood risk for approximately 11,300 homes and 1,500 businesses in Bridgwater area
• +4 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered minor, major and core.

• Manufacturers' Information HubminorStrategic or Co-development Partner · 6 May 2026Kier participates as a contractor in The Manufacturers' Information Hub proof-of-concept project for pan-European standardised construction product information sharing, supporting over 430,000 construction product manufacturers to comply with safety and environmental regulations.
• Procure PartnershipsmajorChannel Partner/ Reseller/ Distributor · 20 March 2026Kier appointed to Procure Partnerships' £1 billion construction and infrastructure framework covering the North West of England, providing access to public sector construction and infrastructure projects across the region.
• ILIOS Consortium (Kier and Nuvia/VINCI)coreStrategic or Co-development Partner · 16 March 2026Kier leads the ILIOS consortium with Nuvia (VINCI subsidiary) as construction partner for the £200 million phase 1 of the UK's STEP fusion energy project at West Burton, Nottinghamshire. The project aims to develop a prototype fusion energy plant and may support up to 8,000-10,000 jobs while forming part of a wider programme with potential future value up to £10 billion.
• Anglian WatercoreStrategic or Co-development Partner · 14 November 2025Kier serves as contractor for Anglian Water infrastructure projects, completing wastewater treatment upgrades including installation at Horning Knackers Wood water recycling centre in north Norfolk with 10 Hybrid modular biological treatment units.
• Environment Agency (Decarbonisation Technology Accelerator)coreStrategic or Co-development Partner · 1 November 2023Kier participates as one of eight delivery partners in the Environment Agency's Decarbonisation Technology Accelerator programme, which aims to deliver 55,000 tonnes of CO2 equivalent savings by 2030 through scaled low-carbon solutions across infrastructure projects.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Balfour Beatty: Balfour Beatty is the largest UK construction and infrastructure services group, operating in transportation, utilities, and public infrastructure with similar framework-based revenue and water/transport exposure to Kier. They are the most direct like-for-like competitor in the UK infrastructure services space.
• Costain Group: Costain is a UK-focused infrastructure and engineering solutions provider with particular concentration in water utilities and transportation - directly comparable to Kier's Infrastructure Services segment and Network Services Alliance model with water clients such as South West Water.
• Morgan Sindall Group: Morgan Sindall operates construction & infrastructure, fit-out, and property services segments across the UK in a structurally similar multi-segment model to Kier. Its construction and infrastructure services overlap directly with Kier's core delivery verticals.
• Galliford Try: Galliford Try is a UK-listed construction group with building and infrastructure divisions, including water and environmental infrastructure. Directly comparable to Kier on size, UK-only footprint, public-sector contract base and water/environmental delivery mix.
• Mace Group: Mace is a privately held global consultancy and construction firm with strong UK building, infrastructure and public-sector delivery (including healthcare), competing directly with Kier's Construction segment for schools, hospitals and major public-realm projects.
• Laing O'Rourke: Laing O'Rourke is a privately held UK-headquartered international construction enterprise delivering buildings, infrastructure and engineering projects. Comparable to Kier on large UK public infrastructure, transport and healthcare tenders.
• BAM Construct: BAM Construct is the UK arm of Royal BAM Group, delivering buildings, civils, and infrastructure across the UK including education, healthcare and water. Directly comparable to Kier on public-sector building and infrastructure tendering.
• Wates Group: Wates Group is a privately held UK construction and property services group with strong public-sector delivery including education, healthcare and local authority frameworks. Directly comparable to Kier on UK building, public-sector framework participation and property development exposure.

Broad incumbents

• Skanska UK: Skanska UK is the UK subsidiary of Skanska AB, one of the world's largest construction and development groups, delivering infrastructure, buildings and residential schemes. Comparable to Kier's Construction and Property segments as a broader, larger, publicly listed incumbent with overlapping capabilities.
• Skanska (parent listing): Royal Skanska is a global construction and project development major listed in Stockholm. Comparable to Kier as a broad-based infrastructure and property delivery incumbent whose UK arm overlaps significantly with Kier's diversified services offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/kierltd
• LinkedInlinkedin.com/company/kier-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kier Group