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Pin to quick picksKier Share News (KIE)

Share Price Information for Kier (KIE)

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Share Price: 143.20
Bid: 142.80
Ask: 143.00
Change: 0.80 (0.56%)
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Open: 140.40
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TRADING UPDATES: Annual profit increases for TClarke, STV and Somero

Wed, 09th Mar 2022 18:17

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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TClarke PLC - London-based building services firm - For 2021, reports pretax profit at GBP7.8 million, surging from GBP1.2 million the year before, on revenue which grows 41% year-on-year to GBP327.1 million from GBP231.9 million, driven by a sharp growth from the company's Technologies segment on the offering of data centres amid sharp demand. Declares final dividend of 4.1 pence per share, bringing total payout to 4.85p, up 10% from 4.4p. Looking ahead, forward order book stands at record level of GBP534 million, up from GBP456 million. Order book is expected to translate into record revenue.

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Somero Enterprises Inc - Fort Myers, Florida-based concrete levelling equipment company - For 2021, pretax profit rises 81% to USD44.6 million from USD24.6 million the year before, on 51% growth in revenue year-on-year to a record USD133.3 million from USD88.6 million. This was due to growth in from all regions, with North America being the most significant contributor on strong residential construction activity in the US, and strong demand for new warehousing. Declares total ordinary dividend of USD0.31 per share, up 85% from USD0.16. Also declares supplementary payout of USD0.19. Looking ahead, expects 2022 to be a profitable year with healthy cash generation, and earnings before interest, tax, depreciation and amortisation to be comparable to 2021.

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Croma Security Solutions Group PLC - Hampshire, England-based security services provider - For the six months ended December 31, pretax profit rises 13% to GBP540,000 from GBP479,000 a year before, on revenue which grows 9.1% year-on-year to GBP17.9 million from GBP16.4 million, on continued demand demand for the company's security services. Declares no interim dividend, but company expects to declare final dividend. Looking ahead, trading in the second half has started well, and company expects to achieve a solid performance for the financial year.

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Oriole Resources PLC - London-based gold exploration company focused in Cameroon and Senegal - For 2021, Pretax loss widens to GBP1.6 million from GBP468,000 the year before, due to a revaluation of the Senala project to pound sterling from euros, leading to GBP571,000 in foreign exchange losses, as well as higher administrative costs.

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STV Group PLC - Glasgow-based television broadcaster - For 2021, pretax profit more than triples to GBP20.1 million from GBP6.7 million the year before, and is 10% above 2019 levels.This is on revenue which grows 35% year-on-year to GBP144.5 million from GBP107.1 million, and 17% above pre-virus levels. Revenue growth is due to continued momentum in Studios and a recovering advertising market. Declares final dividend of 7.3 pence per share, bringing the total payout to 11p, up 22% from 9.0p. Looking ahead, notes strongest ever content line-up in 2022 for TV and online, alongside strong advertising and revenue visibility. Also, STV announces an extended partnership with Tod Productions for a further three years, and has acquired a minority stake in Mighty Productions.

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ThinkSmart Ltd - Perth, Australia-based digital payments platform - For the six months ended December 31, swings to pretax loss of GBP51.6 million from profit of GBP53.7 million the same period a year before, due to a fair value loss on the valuation of a 10% stake in Clearpay, which was sold in exchange for 1.7 million Afterpay shares. Meanwhile, revenue declines 21% year-on-year to GBP1.9 million from GBP2.4 million. Looking ahead, company is well positioned to further benefit from further growth in the value of its interest in Block.

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Kier Group PLC - Sandy, Bedfordshire-based construction and infrastructure services - For the six months ended December 31, pretax profit rises 41% to GBP12.7 million from GBP9.0 million the same period a year before, despite a 5.4% decline in revenue to GBP1.48 billion from GBP1.62 billion due to procurement delays and project completion timing. The rise in profit meanwhile is due to management actions to reduce costs and increased property transactions. Order book stands at GBP8.0 billion.

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TT Electronics PLC - Woking, England-headquartered manufacturer of electronic components - For 2021, pretax profit hikes to GBP16.0 million from GBP2.9 million the year before, on revenue which grows 10% year-on-year GBP476.2 million from GBP431.8 million, and 14% on a constant currency basis, driven by a rebound in key market sales volumes. Declares final dividend of 3.8 pence per share, bringing the total payout of 5.6p, up 19% from 4.7p the prior year. Looking ahead, posts record order book into 2022, giving confidence of an annual performance in line with management expectations.

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JPMorgan Mid Cap Investment Trust PLC - investment firm - As at December 31, net asset value per share rises 22% year-on-year to 1,508.4 pence from 1,234.8p. For the six month period, net asset value total return is 5.5%, lagging behind its benchmark, the FTSE 250 index excluding investment trusts, which returned 5.7%.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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11 Apr 2024 15:09

UK dividends calendar - next 7 days

Friday 12 April 
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Tuesday 16 April 
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Personal Assets Trust PLCdividend payment date
Wednesday 17 April 
CRH PLCdividend payment date
Diageo PLCdividend payment date
Ithaca Energy PLCdividend payment date
Thursday 18 April 
Airea PLCex-dividend payment date
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Arbuthnot Banking Group PLCex-dividend payment date
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Baillie Gifford Shin Nippon PLCex-dividend payment date
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JPMorgan American Investment Trust PLCex-dividend payment date
JPMorgan China Growth & Income PLCex-dividend payment date
JPMorgan UK Smaller Cos Investment Trust PLCex-dividend payment date
Jupiter Fund Management PLCex-dividend payment date
Kier Group PLCex-dividend payment date
London Stock Exchange Group PLCex-dividend payment date
M Winkworth PLCex-dividend payment date
Maven Income & Growth VCT 4 PLCex-dividend payment date
Merchants Trust PLCex-dividend payment date
Montanaro UK Smaller Cos Investments Trust PLCex-dividend payment date
Nippon Active Value Fund PLCex-dividend payment date
Old Mutual Ltdex-dividend payment date
Quilter PLCex-dividend payment date
Rathbones Group PLCex-dividend payment date
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Rotork PLCex-dividend payment date
Serco Group PLCex-dividend payment date
STV Group PLCex-dividend payment date
Thungela Resources Ltdex-dividend payment date
Uniphar PLCex-dividend payment date
Unite Group PLCex-dividend payment date
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Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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19 Mar 2024 11:32

IN BREIF: Kier Group's property director Thomas sells 55,000 shares

Kier Group PLC - Manchester, England-based construction company - Leigh Thomas, group managing director of Kier Property, sells 55,000 shares at 142.19 pence each for GBP78,204.50 in total. Transaction took place on Friday in London.

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7 Mar 2024 11:54

Kier Group resumes dividends as revenue and profit jump up

(Alliance News) - Kier Group PLC on Thursday reported "a strong set of results" for its latest half year, and said second-half trading is progressing well.

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7 Mar 2024 09:22

SMALL-CAP WINNERS & LOSERS: Funding Circle up on GBP25 million buyback

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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7 Mar 2024 08:46

Kier reinstates dividend as H1 profits grow

(Sharecast News) - Construction, services and property group Kier said on Thursday that it was reinstating its dividend as it posted a rise in first-half profits.

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1 Mar 2024 11:24

IN BRIEF: Kier Group's environmental targets receive key verifications

Kier Group PLC - Manchester-based construction company - Says it has met the criteria to be awarded the London Stock Exchanges "Green Economy" mark. This certification requires 50% of a company's revenues to be derived from green products and services. Kier says that climate change is leading to "increased demand in Kier's existing end markets".

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29 Feb 2024 16:05

UK earnings, trading statements calendar - next 7 days

Friday 1 March 
IMI PLCFull Year Results
Pearson PLCFull Year Results
Rightmove PLCFull Year Results
Tritax Big Box REIT PLCFull Year Results
Monday 4 March 
Clarkson PLCFull Year Results
Craneware PLCHalf Year Results
GlobalData PLCFull Year Results
Quartix Technologies PLCFull Year Results
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Ashtead Group PLCQ3 Results
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IWG PLCFull Year Results
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Rotork PLCFull Year Results
SIG PLCFull Year Results
Somero Enterprises IncFull Year Results
STV Group PLCFull Year Results
Travis Perkins PLCFull Year Results
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Breedon Group PLCFull Year Results
Capita PLCFull Year Results
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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
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TOP NEWS: easyJet flies back into FTSE 100; Endeavour relegated

(Alliance News) - Budget carrier easyJet PLC has been promoted back to the FTSE 100 index following the latest quarterly review, replacing gold miner Endeavour Mining PLC, which is relegated following a sharp share price slide so far this year.

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TOP NEWS: easyJet to fly back to FTSE 100 as Endeavour loses shine

(Alliance News) - easyJet PLC is favourite to return to the top table of London-listed large-caps, according to indicative index changes by FTSE Russell on Tuesday.

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15 Feb 2024 13:18

IN BRIEF: Kier issues GBP250 million in senior debt notes at 9% coupon

Kier Group PLC - Manchester, England-based infrastructure services, construction and property - Says offer of GBP250.0 million in five-year senior notes is successful. Following pricing, the notes carry a 9.0% coupon. The funds will be used to repay debt facilities and private placement notes. Kier also revises and extends its revolving credit facility, whose commitment size is reduced to GBP261 million from GBP495 million. This will be reduced again to GBP150 million in January 2025, and the RCF will mature in March 2027. Last month, Kier said it had a "modest" net cash position as of the end of 2023, improved from GBP131 million in debt a year before.

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9 Feb 2024 09:28

SMALL-CAP WINNERS & LOSERS: S&U shares hit due to several headwinds

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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9 Feb 2024 09:15

LONDON BROKER RATINGS: Deutsche Bank cuts AstraZeneca to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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9 Feb 2024 08:08

Berenberg initiates coverage on Kier and Keller at 'buy'

(Sharecast News) - Analysts at Berenberg initiated coverage on construction groups Keller and Kier on Friday, taking a positive stance on both stocks.

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9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

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8 Feb 2024 21:25

TRADING UPDATES: Nexxen expands partnership; Geiger considers listing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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