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Kier in for the long haul

Kier's diverse revenue stream and strong order book should see it through these tough times - there's also a tasty yield and an undemanding share price rating
December 6, 2012

â–  Almost all full-year construction revenue already secured

â–  Solid pipeline of affordable housing contracts

â–  Cash pile expected to recover

IC TIP: Buy at 1177p

 

Kier (KIE) operates three divisions - construction, property and services - and, while all three have performed well so far this year, the group is conducting a further review into the construction side as a result of the difficult trading conditions.

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