{
  "id": 7505818,
  "title": "Kier Group lifts dividend, updates medium-term targets on strong FY26; shares up",
  "url": "https://urgent.news/2026/09/15/kier-group-lifts-dividend-updates-medium-term-targets-on-strong-fy26",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T08:05:56.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/kier-group-lifts-dividend-updates-mediumterm-targets-on-strong-fy26-4900860"
  },
  "original_language": "en",
  "account": null,
  "summary": "Kier Group reported a 7.5% year-on-year revenue growth of £4.39 billion for the fiscal year ending June 30, 2026, with adjusted operating profit rising 6.7% to £169.8 million. The company achieved an average net cash position for the first time in over a decade, with operating free cash flow growing to £206 million, well above its 90% medium-term target. Kier's shares rose 3.4% in London trading following the announcement. The company also proposed an 8% increase in its full-year dividend to 7.8p per share and completed a £25 million share buyback. Looking ahead, Kier set updated medium-term targets, including mid-single-digit revenue growth, an adjusted operating margin of 4.0-4.5%, cash conversion above 90%, average net cash above £200 million by fiscal 2029, and double-digit adjusted EPS growth.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Earnings call transcript: Kier Group posts strong H2 2026 growth and cash gains",
        "url": "https://urgent.news/2026/09/15/earnings-call-transcript-kier-group-posts-strong-h2-2026-growth-and",
        "published": "2026-09-15T10:16:26.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}