Kier Group plc (KIE) Q4 2023 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.267 -- 00:00:05.234 Good morning, everyone, and thank you for joining our full year results presentation, 00:00:05.234 -- 00:00:09.679 both here in person, and also I'd like to extend a warm welcome for those joining on 00:00:09.679 -- 00:00:14.406 the webcast and the audio. I'm Andrew Davies, I'm the Chief Executive of Care Group, 00:00:14.406 -- 00:00:19.132 and I'm joined today by Simon Kesterton, who's our Chief Financial Officer. 00:00:19.132 -- 00:00:23.017 So this morning, I will walk you through the highlights from the last 12 months to the 00:00:23.017 -- 00:00:28.124 30th of June 2023, and then hand you over to Simon, who will talk you through 00:00:28.124 -- 00:00:32.413 the group's financial performance. This will be followed by an operational review, an 00:00:32.413 -- 00:00:36.100 update on ESG, and we'll finish off with our outlook. 00:00:36.100 -- 00:00:42.128 And then there'll be an opportunity for questions and answers at the end. 00:00:42.172 -- 00:00:46.319 So if we work through the disclaimer and the title. 00:00:46.319 -- 00:00:48.242 So the FY23 00:00:48.242 -- 00:00:53.309 highlights on here, slide four. We've delivered a strong 00:00:53.309 -- 00:00:56.834 set of results in the year. We had a positive momentum in the business. 00:00:56.834 -- 00:01:02.782 Infrastructure services revenue grew by 3% and construction grew by 15%, 00:01:02.782 -- 00:01:06.968 with significant volume growth in the final quarter of the financial year. 00:01:06.968 -- 00:01:11.475 We continue to see inflationary pressures, which we're successfully mitigating. 00:01:11.475 -- 00:01:15.217 We achieved revenue growth overall of 5%. 00:01:15.547 -- 00:01:20.713 We've achieved an adjusted operating profit of £132 million, a year-on-year increase 00:01:20....