Constructing a future that is not dependent on housebuilding
Kier Group and Galliford Try were once hard to tell apart: hybrid mid-cap companies with one hob-nailed boot in housebuilding and the other in construction.
No longer. Whereas Galliford last week tied its fortunes to the residential market, raising £126 million through a rights issue to double the scale of its housebuilding division within two years, Kier is heading in the other direction …