Feb 27 British construction and real estate
company Kier Group Plc reported a 90 percent jump in
adjusted pretax profit for the first half, helped by its
acquisition of road maintenance company May Gurney last year.
Adjusted underlying pretax profit for the July-December
period rose to 36.8 million pounds ($61.2 million) from 19.4
million pounds a year earlier.
Total revenue rose 47 percent to 1.43 billion pounds.
Services revenue was up 167 percent at 563 million pounds, of
which May Gurney added 338 million pounds.
The group, whose activities range from building power
stations to providing outsourcing for local councils, said the
performance of the May Gurney business was in line with its
Kier also announced an interim dividend of 22.5 pence per