Long-term issuer default rating upgraded by Fitch

Summary by AI BETAClose X

Kier Group plc has announced that Fitch has upgraded its long-term issuer default rating to 'BBB-' from 'BB+', reflecting the company's enhanced balance sheet strength, robust cashflow generation, disciplined capital deployment, and strong revenue visibility, all of which align with Kier's strategic focus on Growth, Resilience, and Performance.

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Kier Group PLC
13 October 2026
 

 


13 October 2026    

Kier’s long-term issuer default rating upgraded by Fitch

 

Kier Group plc, a leading UK infrastructure and construction group, announces that its Fitch long-term issuer default rating has been upgraded to 'BBB-‌' from 'BB+’ (Link to article).

 

The decision highlights the Group's growing balance sheet strength, substantial cashflow generation, disciplined capital deployment and strong revenue visibility. This upgrade follows the recent articulation of Kier's strategic priorities, focusing on Growth, Resilience and Performance.

 

 

 

 

Further Information:

Kier Group plc

 

 

Investor Relations

+44 (0) 7434 505 871

Kier Press office

+44 (0) 1767 355 096

 

FTI Consulting

 

+44 (0) 20 3727 1340

Richard Mountain

 

About Kier

Kier is a leading UK infrastructure and construction group.

Our purpose is to create lasting value through essential infrastructure, and we are committed to leaving lasting legacies through our work.

We create value through our uniquely combined differentiators, including: our leading framework positions across diverse sectors, our approach which combines national scale with local delivery and our end-to-end capability across the project lifecycle.

Combining deep sector expertise, trusted relationships, digital capability and a culture of safety, collaboration and continuous improvement, we help customers achieve better outcomes while creating sustainable long-term value.

You can find out more about Kier on our website. 

 

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