Kier

Kier chief executive Colin Busby describes his company as bomb-proof over the next 12 months. Though normally it is unwise to make yourself such a hostage to fortune, in housebuilder to contractor Kier's case he might have a point. There is a huge amount of construction around at present according to Busby. Given the needs for upgrades to the railway and road infrastructure, a need for new hospitals and prisons and other private finance initiative work, lack of opportunity will not hold Kier back. Recent results suggest Kier is well placed to take full advantage. Profits rose 35%...