Kier’s strong financial performance

Kier Group has announced a strong financial performance for its full-year results to 30th June 2018. The results were bolstered in particular by a solid performance in its highways business. The company claims that this has reinforced the firm’s position as the UK’s leading provider of highways management and maintenance services. Over the 12 months, Kier has maintained its position as the lead supplier to Highways England. Securing two three-year extensions to 2021 and 2022 respectively worth over £250 m
September 20, 2018 Read time: 2 mins
Kier has been successful in the Australian roads market
8139 Kier Group has announced a strong financial performance for its full-year results to 30th June 2018. The results were bolstered in particular by a solid performance in its highways business. The company claims that this has reinforced the firm’s position as the UK’s leading provider of highways management and maintenance services.


Over the 12 months, Kier has maintained its position as the lead supplier to 8100 Highways England. Securing two three-year extensions to 2021 and 2022 respectively worth over £250 million/year were secured in Areas 3 & 9 the business has also won six-month extensions on Areas 6 & 8.

Following 2435 Carillion’s liquidation, its work on the M6 junctions 16-19 has transferred to Kier, complementing other Smart Motorways work the business carries out on the M6 junctions 13-15, the M20 and M23.

Kier says it has upheld its position as key provider of local authority highways maintenance services such as with the £147 million Shropshire County Council highways contract agreed on 1st June 2018.

In Australia, the joint venture with DM Roads was successful in being awarded two new contracts; the five-year £180 million Perth Metropolitan Network Contract and the five-year £30 million Goldfields-Esperance Rural Network Contract. These contracts reflect the increasing demand for new and upgraded roads in the region in light of population growth.

Dave Wright, executive director for Highways, commented: “This is a solid set of results for the highways business and are a testament to the successful work our teams have been undertaking on behalf of our clients. We are delighted to have secured extensions on Areas 3 & 9 and 6 & 8 and look forward to continuing to work with Highways England and our supply chain to build upon its current way of working.

“We place collaboration, innovation and safety at the heart of our business. We continue to work closely with our clients and the supply chain to bring new and innovative technologies to the road network that increase safety for road workers and users, as well as improving efficiency.”

Finance & Funding

For more information on companies in this article

Related Content

  • A game changer for the Balkans – road safety & innovation forum
    July 10, 2019
    IRF Expands Operations in South East Europe Close to 300 delegates, including representatives from key Bulgarian road agencies, took part in the 2nd Road Safety & Innovation Forum on May 15th at the joint invitation of the International Road Federation, EuroRAP and the Bulgarian Branch Association for Road Safety. “We had designed this event with the idea that countries such as Bulgaria, currently lagging behind in meeting their traffic injury reduction targets, could seize technological enablers that
    Read More
  • ARTBA calls for improved road safety
    April 17, 2019
    The American Road & Transportation Builders Association (ARTBA) is calling for a fundamental shift in how the US approaches road safety. ARTBA is emphasising the need to design and build a transportation network that better compensates for error so that drivers, passengers, workers and other road users do not pay for behavioural mistakes with their lives. The association submitted written testimony to a House Highway & Transit Subcommittee hearing, “Every Life Counts: Improving Safety of our Nation’s R
    Read More
  • IRF Geneva takes centre stage at the 1st Africa Road Safety Forum
    January 15, 2019
    Africa has 2% of the world’s cars but 16% of the world’s road deaths, and more than 300,000 people lose their lives in road traffic crashes in the region every year, while thousands more are injured. Against this background the 1st Africa Road Safety Forum was organised in Marrakech, Morocco on 13-15 November. The event had the support of IRF (Geneva) and provided an opportunity to present the newly created IRF Global Road Data Warehouse and to mark the establishment of an IRF Africa. The event was placed
    Read More
  • Fast resurfacing work in UK by contractor Eurovia
    May 15, 2017
    In the UK the contractor Eurovia has recently carried out a challenging resurfacing job within a tight timescale. The firm had to contend with live traffic on a busy stretch of motorway, while carrying out the work close to shared intersections. The traffic was particularly heavy also during part of the job due to a holiday period and large numbers of tourist vehicles using the stretch of motorway.
    Read More

Highlighted Content