Kier Group (LON:KIE) Full Year 2024 Results

Key Financial Results

• Revenue: UK￡3.91b (up 16% from FY 2023).

• Net income: UK￡51.0m (up 24% from FY 2023).

• Profit margin: 1.3% (in line with FY 2023).

• EPS: UK￡0.12 (up from UK￡0.095 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kier Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 12%.

The primary driver behind last 12 months revenue was the Infrastructure Services segment contributing a total revenue of UK￡1.99b (51% of total revenue). Notably, cost of sales worth UK￡3.57b amounted to 91% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK￡251.7m (89% of total expenses). Explore how KIE's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Construction industry in the United Kingdom.

Performance of the British Construction industry.

The company's shares are down 2.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Kier Group that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.