Kier Group plc (KIE) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. And for those here in person, thank you for joining our half-year 2026 results. I'd also like to extend a warm welcome to those joining by webcast and audio. So I'm Stuart Tocqueville, Chief Executive of Keir Group. And before we begin, I want to take a moment to say our thoughts are with our nine colleagues and their families based in the Middle East. We are thinking of them at this difficult time and hope they remain safe and well. So turning to our half year results, I would like to start by saying I'm immensely proud and honoured and energised to be leading Kier as its Chief Exec and speaking to you today to update you on our half year results and the strategic and operational progress we are making. I'm also delighted to be joined by Tom, our Chief Financial Officer since the 1st of January. Okay. This morning, I'll walk you through our highlights and touch on the strategic progress we've been making. I will then hand you over to Tom to talk through the group and divisional financial performance. I will then come back and take the first opportunity as Keir's new chief exec to offer some colour and context around these results and share my perspectives on our operational highlights and where we're leading as a group. We will then finish with a group summary and outlook before opening the floor for any questions you may have. Starting then with the highlights from the last six months. The period saw the group deliver a strong first half with good growth in both revenue and profits. The future prospects of the group also remained strong with our order book increasing by 5% in the period to a record 11.6 billion, reflecting contract wins across our business and providing multi-year revenue visibility. For our order book, we secured 94% of a f...