Opening Quote: Kier counts the cost of its turnround

Ten months ago, construction contractor Kier launched an emergency rescue rights issue. A year ago Kier posted pre-tax profits of £106m. Kier took £341m in charges, including £56m in restructuring costs and £172m related to selling operations or getting divisions ready for sale or closure (it is in talks to sell its residential housebuilding division Kier Living).

source https://finance.yahoo.com/m/e208d3ef-0c50-36bc-9070-2cc47f92ffe4/opening-quote%3A%C2%A0kier-counts.html?.tsrc=rss

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.