max temp: 17°C

min temp: 10°C

Suffolk Business Awards 2018 Tickets

Construction and waste services group Kier reports strong performance as turnover rises

Construction, property and environmental services group Kier has reported a rise in revenues. Picture: Chris Biele

Construction, property and environmental services group Kier has reported a rise in revenues. Picture: Chris Biele

©2016 Chris Biele

Construction and waste services group Kier has announced a 5% rise in turnover with a strong performance in its East Anglian division.

Kier's former May Gurney office near Trowse. Photo: Steve Adams Kier's former May Gurney office near Trowse. Photo: Steve Adams

The company, which has sites across Norfolk and in Witham, Essex, saw revenue grow to £4.27bn for the year to June 30, up from £4.08bn the year before, with pre-tax profit rising by £10m to £126m.

The business, which employs over 150 people across the region, provides waste and recycling collection services to more than 100,000 properties across North Norfolk and Kings Lynn.

It also recently completed the £13m Highflyers Primary School in the Isle of Ely and the £6m Wherry School in Norwich – purpose built for children with autism.

Kier has also secured a £50m highways maintenance contract for East Anglia and signed a £270m five-year extension deal with Suffolk Highways.

Haydn Mursell, chief executive, said: “Our underlying performance for the year was good. Having simplified our portfolio, the Group is more focused and able to pursue its growth ambitions in our three core markets; building, infrastructure and housing, which now represent 90% of the Group’s revenue and profit.

“We continue to invest in the business to improve our operational efficiency, providing a robust platform on which to take advantage of the strong long-term fundamentals in these core markets.

“Our Construction and Services order books of £9.5bn, together with our circa £2bn property development and residential pipelines, provide good long-term visibility of our future work.

“This visibility, coupled with our healthy balance sheet, provides us with confidence of achieving our Vision 2020 strategic targets.”

In his report Mr Mursell said in light of the Grenfell Tower fire the construction division was reviewing if similar types of cladding had been used in any of its projects or on clients estates where the business provided other services.

Kier confirmed in May it was to move its Norwich construction business from its Trowse offices, which formerly belonged to May Gurney before Kier bought the firm in 2013.

The group also has offices in Mile Cross, Norwich, and Aylsham.

The parents of a 15-year-old missing girl from Ipswich have made an emotional appeal for her to come home.

Suffolk police have issued a renewed appeal for witnesses after man in his 20s was stabbed in Ipswich.

A 36-year-old man from Ipswich has been jailed for seven-and-a-half years after being convicted of an attempted rape and three sexual assaults.

Youngsters across Ipswich are set to be given free iCards for the summer holidays which will allow them to enjoy activities across the whole six week break.

Drama, art and maths lessons were on the timetable when our photographer visited Felixstowe’s Grange Community Primary School in 1990.

A man has avoided going straight to jail for selling counterfeit goods on Facebook.

A private company has been awarded a five-year contract to run the NHS 111 helpline and out of hours services in Suffolk and north east Essex.

Suffolk and north Essex will bask in sunshine next week and temperatures could reach a scorching 30C (86F) - making the region as hot as Spain.

A woman discovered an intruder inside her Ipswich home on Wednesday and ran to a neighbour to raise the alarm.

Police are appealing for information after jewellery was stolen during a daytime burglary in Hintlesham.

Most read

Show Job Lists

Topic pages

Newsletter Sign Up

Ipswich Star daily newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy

MyDate24 MyPhotos24