We are the world's largest independent ground engineering specialist, renowned for providing technically advanced and cost effective foundation solutions. Our reputation is built on engineering excellence and a commitment to continual innovation.

Our services are used across the construction sector in infrastructure, industrial, commercial, residential and environmental projects. We have unrivalled coverage in Europe, North America, Australia, and South Africa and a growing presence in Asia, the Middle East and Latin America.

With an annual turnover of £1.5bn, we have around 9,000 staff world-wide with offices in more than 40 countries.

Our businesses
http://www.keller.co.uk/aboutkeller/businesses.aspx







Keller adds 7.3 percent after the engineering company reports first-half profits that more than trebled from a year ago.

"Keller's interim results show that the group is now back on the front foot after several difficult years of unprecedented volume declines in most of its key markets," Numis Securities says in a research note.

Numis maintains an "add" rating on Keller shares, while Investec keeps a "buy" rating, describing Keller's results as an "encouraging set of interims."

Keller Group: Goldman Sachs raises target price from 1385p to 1480p and stays with its buy recommendation.

Shares - Pre -close statement 19 Dec - recent contract awards which should fuel further growth as the cycle turns higher. Consensus full year pre-tax profits of £71.9m could be exceeded.

Trading Statement

19 Dec 13 Keller Group PLC [KLR]

Trading Statement

PRNW



For immediate release Thursday, 19 December 2013

Keller Group plc

Year End Trading Update

Keller Group plc ("Keller" or "the Group"), the international ground
engineering specialist, is providing the following routine trading update in
advance of its results for the financial year ending 31 December 2013, to be
announced on 3 March 2014.

There has been no significant change in market and trading conditions since the
release of the Interim Management Statement on 19 November 2013. The Board
therefore expects that the full year results will be in line with current
market expectations.

For further information, please contact:

Keller Group plc
Justin Atkinson, Chief Executive 020 7616 7575
James Hind, Finance Director

Finsbury
Gordon Simpson, Rowley Hudson 020 7251 3801

Forward-looking Statements

This document contains forward-looking statements which have been made in good
faith based on the information available at the time of its approval. It is
believed that the expectations reflected in these statements are reasonable,
but they may be affected by a number of risks and uncertainties that are
inherent in any forward-looking statement which could cause actual results to
differ materially from those currently anticipated.

Note to Editors

Keller is the world's largest independent ground engineering specialist,
providing technically advanced and cost-effective foundation solutions to the
construction industry. With annual revenue of around £1.5bn, Keller has
approximately 8,000 staff world-wide.

Keller is the market leader in the US and Australia; it has prime positions in
most established European markets; and a strong profile in many developing
markets.



END

:-))

Questor share tip: Keller completes stellar year
Telegraph
By John Ficenec | Telegraph – Fri, Dec 20, 2013 06:00 GMT


The construction group has enjoyed a strong run on the shares and there could be more to come, says Questor

Keller £11.40+36p Questor says HOLD

CONSTRUCTION group Keller said yesterday that the rebound in the US economy has boosted the company’s earnings.

Shares in the FTSE 250 company gained more than 3pc after it said that net profits would be in line with the forecasts of analysts who collectively have upgraded its earnings outlook by 38pc since the beginning of the year.

The trading update rounds off a strong run for the company, which has seen its shares gain 63pc in value during the year to date, well ahead of the wider FTSE 250, up 26pc over the same period.

The company, which built the foundations for the London Olympic Stadium, generates the majority of its revenue overseas and North American markets which include the US and Canada contribute about half of the group’s earnings.

US sales have continued to improve into this month, building on its stronger performance in North America during the first half of the year, which management had already highlighted in a November trading update. In the US, the company has said that its business is being largely supported by a recovery in commercial building, which has more than offset continued weakness in residential construction and public works.

James Hind, finance director at Keller, said at the time of the November update that improving markets in the US were helping it raise the value of contracts and relieving the pressure on margins.

As the recovery under way in the US construction industry continues, profit margins could increase further. According to analysis from Liberum Capital, Keller’s operating profit margins are still below the mid-cycle average of 6.6pc. The company is expected to improve its operating profit margins to more than 6pc next year, up from 4.4pc reported in the interim results. However, this would still be about half the group’s peak margins of 11.2pc achieved in 2007.

“We are still in the early stages of a construction cycle recovery, giving more room for margins to improve,” Mr Hind added.

Elsewhere, the construction group’s markets are challenging. In Australia, where the group generates around 20pc of revenue, a slump in the mining sector has hit the economy and weakened the market in commercial and infrastructure construction. European markets, where Keller generates another 20pc of its revenue, also remain tough.

Asia and emerging markets present a mixed picture, with continued strong growth in Singapore and Hong Kong offsetting a slowdown in India.

One of the main attractions for investors in Keller is the steady dividend income that the company offers. The company has an unbroken 29-year record of increasing or, at the very least, maintaining the dividend. Keller raised the interim dividend this year by 5pc to 8p per share, having held it during the past two years after profits slumped.

Brokers are now expecting the full-year dividend to increase by 9pc in the current year and next year, to 27p, providing a prospective yield of 2.6pc. The dividend looks relatively safe as it is covered more than three times by earnings and 1.7 times by free cash flow.

Keller’s shares are trading at 15 times current earnings, and, given the anticipated recovery in profits, the price-to-earnings ratio (P/E) falls to 14 times next year, and 12 times full-year 2015 earnings forecasts. Both of these forward P/E ratios are a premium to the long-run average P/E ratio of 10. In this context, a lot of the recovery in the US market is already priced in to the shares. Keller is still exposed to the ongoing slowdown in Australia and profit margins may take longer to recover as competition for work increases. Keller has solid foundations for a recovery but the shares are no better than a hold for now (SES: E2:OJ4.SI - news) .

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,200. Over this period, the share price is up 63.05%

6 Feb Liberum Capital 1,050.00 Hold

Re Contract

PRNW



For immediate release 13 February 2014

Keller Group plc

Major US Contract Award

Keller Group plc ("Keller"), the international ground engineering specialist,
announces that it has been awarded a contract worth $41m (£25m) in connection
with the City of Seattle's Elliott Bay seawall project.

The project involves the repair and replacement of a large section of seawall
along Seattle's downtown waterfront, a popular tourist area. Constructed
between 1911 and 1936, the seawall has deteriorated over time, making it
vulnerable to storm and earthquake damage.

Using our advanced jet grouting technology, we will construct a grid of
approximately 5,500 large diameter soilcrete columns at depths of up to 26
metres, to provide seismic stability and foundation support for the new
seawall. To work around existing timber piles, we will employ a process of
dynamic planning to survey pre-drilled holes, identify obstructions and revise
the grid pattern as the work proceeds.

A test programme is expected to begin this March, following which the work will
be carried out over three years, avoiding the main periods for tourism.

Justin Atkinson, Keller Chief Executive, commented:

"Keller has a long track record of successfully completing very large specialty
grouting projects in difficult environments around the world. At Elliott Bay,
the particular challenges associated with constructing jet grouted columns
around existing timber piles add complexity to this contract, which plays to
our strengths.

"Increasing our participation in large and complex projects remains one of our
key aims and we are delighted to have been selected to work on the Elliott Bay
seawall project."

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,299. Over this period, the share price is up 74.60%.

Final results Monday 3 March.

Full Year Results



Highlights include:



· Record revenue of £1,438.2m (2012: £1,317.5m), up 9%

· Operating margin* raised to 5.4% (2012: 3.7%), with increases in all four divisions

· Profit before tax* increased to £74.1m (2012: £43.5m)

· Earnings per share* of 73.0p (2012: 45.9p)

· Cash from operations of £132.0m, representing 106% of EBITDA* (2012: 118%)

· Total dividend per share of 24.0p (2012: 22.8p), an increase of 5%

· Three strategic acquisitions completed at a cost of £188.5m and integration progressing well


http://www.moneyam.com/action/news/showArticle?id=4764890


===================================================
3 Mar Investec 1,375.00 Buy

4 Mar Jefferies... 1,400.00 Buy

Despite reporting a 70% increase in pre-tax profits investors sent shares of construction group Keller lower.

The company warned of the impact which cold weather in North America and weakening foreign currencies would have on its results. The wider market jitters also played a hand in the share price drop. Not only that, the firm believes profit margins might improve as the recovery in US construction continues apace. However, the situation in Australia and Europe remains tough, while the picture is mixed in Asia.

Furthermore, margins may not pick back up as quickly as expected as competition rises. The shares are trading at 14 times' next year's earnings, above their long-run average of 10. Solid foundations for a recovery, but no better than a hold, says The Telegraph´s Questor team.


http://sharecast.com/news/tuesday-tips-round-up-intertek-keller-senior/21518277.html

Interim Management Statement

PRNW



For immediate release Friday, 16 May 2014

Keller Group plc

Interim Management Statement

Keller Group plc ("Keller" or "the Group"), the international ground
engineering specialist, today issues this Interim Management Statement,
covering the period from 1 January 2014 to 15 May 2014.

Overview of Markets

There has been no significant change in market trends since we last reported in
March.

The total US construction market continues to improve, with private expenditure
on construction significantly up on 2013, partly off-set by the continuing
decline in public construction expenditure. In Canada, the lull in activity
levels for major project awards in the oil sands market segment persists, while
demand in the commercial, residential and infrastructure segments remains
steady.

Challenging conditions endure in most of our European markets and, within the
Middle East, competition remains intense.

Elsewhere, we continue to see good opportunities in Asia and Africa, and some
early signs of activity levels improving in the infrastructure and commercial
segments in Australia.

Trading

Overall trading for the Group in the four months to the end of April was in
line with expectations in March. Although EMEA was behind, this was countered
by a strong performance from our businesses in the US, with Asia and Australia
on track. Year-to-date contract awards are up on this time last year and the
value of the like-for-like order book at the end of April, for work to be
executed over the next 12 months, is around 10% ahead of the same time last
year.

Accordingly, the Group's results for the full year remain in line with current
market expectations.

Financial Position

There has been no material change in the financial position of the Group since
the announcement on 3 March 2014 of the full-year results for the year ended 31
December 2013.

Divisional Review

North America

The improving US construction market has contributed to a strong performance in
the period, despite the particularly harsh winter.

Our US foundation contracting businesses have particularly benefitted from this
improved market; and Suncoast continues to take advantage of the recovery in
the residential market.

The integration of our 2013 acquisitions in Canada, Keller Canada and
Geo-Foundations, continues to progress to plan.

Europe, Middle East and Africa (EMEA)

Conditions in our European construction markets remain difficult and we are
continuing to focus on cost controls, business improvements and risk
management. In particular, we have seen a disappointing first few months across
Southern Europe and the Middle East has been quiet.

In South Africa, Franki Africa has made a good start under Keller with
integration progressing well.

Asia

Our businesses in Malaysia and Singapore had a solid beginning to the year.
Whilst the trading environment remains challenging in India, Keller India has
won some good work over the period and we expect an improved result in 2014.

Australia

Keller Australia's performance benefitted from the piling contract for the
on-shore LNG processing plant at Wheatstone, in Western Australia, which
continues to make good progress. Excluding Wheatstone, the Group's largest ever
contract, the Australian order book is significantly up on last year.

Summary

Justin Atkinson, CEO of Keller, said, "2014 continues to be another year of
progress for Keller with a particularly strong performance from our US business
to date".

Keller will publish a pre-close period trading statement on 27 June 2014 and
announce its preliminary half year results on 4 August 2014.

For further information, please contact:

Keller Group plc www.keller.co.uk

Justin Atkinson, Chief Executive 020 7616 7575

James Hind, Finance Director

Finsbury

Gordon Simpson 020 7251 3801

Rowley Hudson

Cautionary Statement

This announcement contains forward looking statements which are made in good
faith based on the information available at the time of its approval. It is
believed that the expectations reflected in these statements are reasonable but
they may be affected by a number of risks and uncertainties that are inherent
in any forward looking statement which could cause actual results to differ
materially from those currently anticipated. Nothing in this document should
be regarded as a profits forecast.

Ex dividend Wed 4 June 16p

Doc re pre-close trading statement

PRNW



For immediate release Friday, 27June 2014

Keller Group plc

Pre-close Trading Update

Keller Group plc ("the Group"), the international ground engineering
specialist, is providing the following routine, pre-close trading update in
advance of its results for the six months ending 30 June 2014, which are due to
be announced on Monday, 4 August 2014.

There have been no significant changes to the Group's trading or outlook since
the publication of our Interim Management Statement on 16 May 2014.

Doc re exceptional charge

PRNW



For immediate release 30 July 2014

Keller Group plc ("Keller" or the "Group")

Keller Group plc announces that it is to make a £30 million exceptional charge
in its 2014 half year results in respect of a dispute arising on a project that
Keller's UK subsidiary, Keller Limited, completed in 2008.

The dispute relates to purported defects in a floor slab at a warehouse for
which Keller Limited undertook the design and construction of the piling. These
purported defects are alleged by other parties to be due, in part at least, to
deficiencies in the provision of Keller's services.

The claims intimated against Keller Limited, which are currently the subject of
litigation, are denied and being vigorously defended. However, the Board has
determined that, given the uncertainties inherent in any litigation, it would
be appropriate to record an exceptional charge of £30 million in the Group's
2014 half year results. The amount is stated before taking account of
recoveries under applicable insurances which are yet to be agreed, as these
cannot be recognised under IFRS. The Group will update the market on future
developments when necessary.

Interim Results

Highlights include:



· Constant currency revenue is up 33%

· Excluding acquisitions, constant currency revenue increased by 22%

· Operating margin* of 4.5% (2013: 4.4%)

· Cash generated from operations £31.9m (2013: £30.2m)

· EPS* growth of 5%

· Interim dividend increased by 5% to 8.4p per share (2013: 8.0p)

· Net debt of £161.9m (1.2x annualised EBITDA)



http://www.moneyam.com/action/news/showArticle?id=4861775