Kier expects full year profit to be in line with expectations

Kier

Kier, the construction and property group, has revealed it expects full year profits to be in line with expectations in its latest trading update to the market.

In its year-end update this morning Kier said underlying profit and earnings are forecast to be in line with expectations. Analysts are currently forecasting pre-tax profit for the year to the end of June to leap from £25.8m last year to around £140m, from revenues of almost £4.5bn. The market is also predicting a 9% growth in earnings per share to around 116p.

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