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Kier lays firm foundations for 2020 target success

Kier Group vowed it was on track to achieve its much-vaunted 2020 targets yesterday as the construction group shrugged off concerns holding back parts of the sector.

The FTSE 250 company, which has been restructuring and offloading unwanted businesses, posted a strong performance across all divisions and an increased dividend that helped to reassure investors.

Kier said revenue rose 3% to £4.1bn in the year to the end of June, propelling the company back into the black.

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