Financial Statement Analysis for Kier Group PLC

1
Aso Ahmed Abdullah
Aso Ahmed Abdullah
1 Cihan University

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Financial Statement Analysis for Kier Group PLC Banner
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The aim of this report to analysis critical evaluation of the history of development, analysis of the financial performance in last two years and critical evaluation of “Balanced Scorecard” to analyse Kier Group plc’s performance. This study closely calculate financial performance for Kier group and compared with comparative company Barratt Plc during 2010 to 2011. As well as the report evaluate Balanced Scorecard. The report for Kier group plc is that the share price, revenue and dividend per share increased in the past two years resulting in increasing revenue from the construction division. Kier increased profit in the last two years and increased a dividend which is a good indication for growth in market share. However the credit crunch, current financial crisis and falling house prices have affected both the property division and have hit their competitor company Barratt plc very hard. Revenue has not increased in last two years plus stock turnover increased sharply. However Barratt Developments can’t survive according to the Z analysis results from appendix 11, but Kier Group is in a better financial position, because Kier has specialised in building and civil engineering, support services, public and private house building property developments and the private finance initiative.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

Aso Ahmed Abdullah. 2016. \u201cFinancial Statement Analysis for Kier Group PLC\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 16 (GJMBR Volume 16 Issue C2): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification: JEL Code: E44
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v1.2

Issue date

March 16, 2016

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English

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The aim of this report to analysis critical evaluation of the history of development, analysis of the financial performance in last two years and critical evaluation of “Balanced Scorecard” to analyse Kier Group plc’s performance. This study closely calculate financial performance for Kier group and compared with comparative company Barratt Plc during 2010 to 2011. As well as the report evaluate Balanced Scorecard. The report for Kier group plc is that the share price, revenue and dividend per share increased in the past two years resulting in increasing revenue from the construction division. Kier increased profit in the last two years and increased a dividend which is a good indication for growth in market share. However the credit crunch, current financial crisis and falling house prices have affected both the property division and have hit their competitor company Barratt plc very hard. Revenue has not increased in last two years plus stock turnover increased sharply. However Barratt Developments can’t survive according to the Z analysis results from appendix 11, but Kier Group is in a better financial position, because Kier has specialised in building and civil engineering, support services, public and private house building property developments and the private finance initiative.

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Financial Statement Analysis for Kier Group PLC

Aso Ahmed Abdullah
Aso Ahmed Abdullah Cihan University

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