Kier Share News (KIE)

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.

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:

IN BRIEF: Kier plans offer of GBP250 million in senior debt notes

Kier Group PLC - Manchester, England-based infrastructure services, construction and property - Plans to offer GBP250.0 million in five-year senior notes, as part of a wider refinancing of debt facilities. Says the interest rate and offering price will be determined at the time of the pricing of the notes. Last month, Kier said it has a "modest" net cash position as of the end of 2023, improved from GBP131 million in debt a year before.

IN BRIEF: M&C Saatchi hires Heather Rabbatts to be senior director

M&C Saatchi PLC - London-based advertising agency - Appoints Heather Rabbatts as senior independent director, joining the board on Monday. Rabbatts currently is a non-executive director of retailer and food maker Associated British Foods PLC. Previously she was a non-executive director of construction firm Kier Group PLC. Rabbatts, age 68, also was the first woman on the board of the Football Association, M&C Saatchi notes.

Kier to resume dividend payments as it trades in line

(Sharecast News) - Infrastructure services, construction, and property company Kier Group said in an update on Thursday that, during the first half of its financial year, its performance remained consistent with the board's expectations, building on its positive trajectory from the previous period.

Kier trading in first half up on-year, meeting board's expectations

(Alliance News) - Kier Group PLC on Thursday said trading in the first half of its financial 2024 continued to be above the prior period and in line with the board expectations.

CORRECT: UK earnings, trading statements calendar - next 7 days

(Removing S4 Capital PLC from the events calendar on January 17.)

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Kier says on track for first dividend payment in five years

Kier Group PLC - Manchester, England-based infrastructure services, construction and property - Tells annual general meeting on Thursday that financial 2024 has "started well". Trading is ahead of a year before and in line with board expectations. Similar to financial 2023, which ended June 30, results are expected to be weighted to the second half. Its order book stands at GBP10.5 billion at the end of October, up from GBP10.1 billion on June 30. This means 91% of estimated financial 2024 revenue is secured, up from 85% in July.

Kier makes strong start to FY24

(Sharecast News) - Construction group Kier said it had made a good start to the current financial year, trading above the prior period and in line with internal expectations.

UK shareholder meetings calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

LONDON MARKET CLOSE: FTSE 100 ends week higher as focus shifts to BoE

(Alliance News) - The FTSE 100 ended higher on Friday after a dovish hike from the European Central Bank on Thursday softened interest rate expectations for the Bank of England.

SMALL-CAP WINNERS & LOSERS: Iain Percival to take helm at Trifast

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

LONDON MARKET CLOSE: FTSE 100 higher after "dovish" hike from ECB

(Alliance News) - The FTSE 100 ended sharply higher on Thursday as investors hoped that the European Central Bank's 25 basis point hike to interest rates would be its last.