Kier Group plcLSE: KIE

Kier Group: Long-term issuer default rating upgraded by Fitch

· Issued by Kier Group plc via RNS

Summary by 6ix

Fitch has upgraded the long-term issuer default rating of Kier Group plc, a UK infrastructure and construction group, to 'BBB-' from 'BB+'. An issuer default rating is a credit rating of a company's ability to meet its debt obligations.

Key details

  • Kier says the decision reflects the group's growing balance sheet strength, cashflow generation, disciplined capital deployment and revenue visibility.
  • Kier says the upgrade follows its recent setting out of strategic priorities focused on Growth, Resilience and Performance.

6ix wrote this summary from the release below and checked it against the release.

Kier Group PLC
13 October 2026
 


13 October 2026    

Kier’s long-term issuer default rating upgraded by Fitch

Kier Group plc, a leading UK infrastructure and construction group, announces that its Fitch long-term issuer default rating has been upgraded to 'BBB-‌' from 'BB+’ (Link to article).

The decision highlights the Group's growing balance sheet strength, substantial cashflow generation, disciplined capital deployment and strong revenue visibility. This upgrade follows the recent articulation of Kier's strategic priorities, focusing on Growth, Resilience and Performance.

Further Information:

Kier Group plc

Investor Relations

+44 (0) 7434 505 871

Kier Press office

+44 (0) 1767 355 096

FTI Consulting

+44 (0) 20 3727 1340

Richard Mountain

About Kier

Kier is a leading UK infrastructure and construction group.

Our purpose is to create lasting value through essential infrastructure, and we are committed to leaving lasting legacies through our work.

We create value through our uniquely combined differentiators, including: our leading framework positions across diverse sectors, our approach which combines national scale with local delivery and our end-to-end capability across the project lifecycle.

Combining deep sector expertise, trusted relationships, digital capability and a culture of safety, collaboration and continuous improvement, we help customers achieve better outcomes while creating sustainable long-term value.

You can find out more about Kier on our website. 

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