Kier Group plc (KIE) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay, we'll start then. So good morning, everyone. And thank you for joining our full year 2025 results presentation. For those of you who are here in person, and a welcome to those joining us today by webcast and by audio as well. I'm Andrew Davies. I'm Chief Executive of Care Group. And somewhat poignantly for me, this marks my last care results presentation. I'm joined today by Simon Kesterton. our Chief Financial Officer, and also by Stuart Togwell, currently our GMD for construction, who will become the Chief Executive on the 1st of November this year. So just quickly, before we go through the results, Stuart, if I can invite you to introduce yourself to those who you may not have yet met. Stuart. Stuart Togwell, I'm delighted to see you all this morning and I'm really proud and excited to become the next Chief Exec of the Kier Group. I've worked in this industry that I love for over 39 years now, the last six years of which has been working closely with Andrew and Simon in Kier. Initially I came in as a Group Commercial Director where I introduced the risk management and the operational discipline that we still use today. The last two years I've been the GMD for the construction business and I've also been a member of the main board. I'm looking forward to talking to some of you here in person after the presentation but in the meantime back to you Andrew. Okay thank you Stuart and let's move on now to our FY25 results. So firstly I'll walk you through the highlights from the last financial year and then hand you over to Simon to talk through the groups. financial performance. And this will be followed by an operational review, an update on ESG, and we'll finish off with our outlook and recap of the long-term sustainable growth plan. And then, of course, there w...