Kier Group plc (KIE) Q2 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.862 Thank you very much for joining us for our half year 2025 results presentation. 00:00:05.862 -- 00:00:10.992 For those of you here in person, I'd also like to extend a warm welcome to those 00:00:10.992 -- 00:00:15.139 of you joining us by the webcast and the audio as well. 00:00:15.139 -- 00:00:19.528 I'm Andrew Davies. I'm the Chief Executive of Keir Group and I'm joined today by Simon 00:00:19.528 -- 00:00:24.802 Kesterton, our Chief Financial Officer. And this morning, I'll walk you through the highlights 00:00:24.802 -- 00:00:27.645 for the six months to the 31st of December 2024. 00:00:27.645 -- 00:00:33.091 And then I'll hand you over to Simon to talk you through the group's financial performance. 00:00:33.091 -- 00:00:38.337 And this will be followed by an operational review, an update on ESG, 00:00:38.337 -- 00:00:42.782 and we'll finish off with our outlook. And then there'll be an opportunity for questions 00:00:42.782 -- 00:00:46.304 and answers at the end of the presentation. 00:00:47.127 -- 00:00:51.618 So there's the disclaimer and there's the title slide. 00:00:51.618 -- 00:00:54.642 So moving to the highlights 00:00:54.642 -- 00:00:57.707 of the year on slide four, this slide here. 00:00:57.707 -- 00:01:01.853 The last six months, I've seen the group deliver a solid set of results demonstrating 00:01:01.853 -- 00:01:04.737 further operational and financial progress. 00:01:04.737 -- 00:01:09.664 We've delivered revenue growth, which resulted in an operating profit of £67 million, 00:01:09.664 -- 00:01:12.468 representing a margin of 3.4%, 00:01:12.468 -- 00:01:15.496 which is consistent with the prior period. 00:01:15.496 -- 00:01:20.633 We continue to convert these profits into cash with a net cash position of £58 ...