Kier wins new contracts worth £100 million
11 April 2012
Construction firm Kier is seeing signs of life in commercial building markets after picking up £100 million in new work, mainly in London and the South-East.
The company, which boosted interim pre-tax profits by 26% to £31.3 million, has landed jobs for clients including Terrace Hill and Coca-Cola, at a time when spending cuts are beginning to put the squeeze on public sector contracts.
Kier has also landed two major tunnelling deals on Crossrail worth £480 million after an innovative bid which will spare Londoners from 90,000 truck movements by removing spoil via barges and trains.
