dreamcatcher
- 30 Jul 2012 17:16
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."
dreamcatcher
- 06 Feb 2014 16:46
- 124 of 172
6 Feb Liberum Capital 1,050.00 Hold
dreamcatcher
- 13 Feb 2014 07:09
- 125 of 172
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."
dreamcatcher
- 24 Feb 2014 20:10
- 126 of 172
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%.
dreamcatcher
- 28 Feb 2014 08:17
- 127 of 172
Final results Monday 3 March.
dreamcatcher
- 03 Mar 2014 16:37
- 128 of 172
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
dreamcatcher
- 04 Mar 2014 15:25
- 129 of 172
4 Mar Jefferies... 1,400.00 Buy
dreamcatcher
- 05 Mar 2014 13:52
- 130 of 172
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
dreamcatcher
- 16 May 2014 07:04
- 131 of 172
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.
dreamcatcher
- 01 Jun 2014 21:43
- 132 of 172
Ex dividend Wed 4 June 16p
dreamcatcher
- 27 Jun 2014 07:13
- 133 of 172
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.
dreamcatcher
- 31 Jul 2014 19:52
- 134 of 172
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.
dreamcatcher
- 04 Aug 2014 16:43
- 135 of 172
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
dreamcatcher
- 16 Aug 2014 17:15
- 136 of 172
dreamcatcher
- 31 Aug 2014 18:32
- 137 of 172
According to Shares the dip in the sp is well over done, with construction in evidence of recovery in the US and UK.
dreamcatcher
- 16 Oct 2014 16:44
- 138 of 172
Director/PDMR Shareholding
PRNW
Keller Group plc ("the Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES (PDMRs) AND CONNECTED PERSONS
The Company has been notified that Mr Paul Withers, Senior Independent
Non-executive director of the Company, today purchased 10,000 ordinary shares
in the Company at a price of 754.918p per share.
Following this purchase, Mr Withers' interests in Keller Group plc ordinary
shares are as follows:
Director and PDMR No. of shares % of issued share capital
Paul Withers 20,000 0.028
This announcement is made in accordance with DTR 3.1.4R.
Kerry Porritt
Group Company Secretary
16 October 2014
dreamcatcher
- 17 Nov 2014 18:33
- 139 of 172
Interim Management Statement
RNS
RNS Number : 1379X
Keller Group PLC
17 November 2014
For immediate release Monday, 17 November 2014
Keller Group plc
Interim Management Statement
Keller Group plc ("Keller" or "the Group"), the international ground engineering specialist, today issues an Interim Management Statement, covering the period from 1 July 2014 to 16 November 2014.
Overview of Markets
In North America, which accounts for about half of the Group's revenue, the US construction market continues to increase steadily whilst in Canada we have seen no improvement in investment in the resources markets which underpin much of that country's economy. European markets as a whole remain difficult with few signs of improvement, whilst early signs of a recovery in the commercial and infrastructure sectors in Australia have dissipated in recent months. Our Asian construction markets are generally busy. The Board's expectation of the Group's results for the full year remains in line with current market expectations.
Trading
Overall trading for the Group in the four months to the end of October has been in line with expectations, with both revenue and operating profit ahead of the comparable period in 2013.
After a strong first half for contract awards, order intake has been somewhat slower in recent months and the value of the like-for-like order book at the end of October, for work to be executed over the next 12 months, is slightly behind the same time last year.
Financial Position
There has been no material change in the financial position of the Group since the announcement on 4 August 2014 of the Group's results for the half-year ended 30 June 2014.
In early October, the Group successfully secured US$125m of seven and ten year debt in the US private placement market on attractive terms. US$50m of this was drawn down on 9 October and was used to repay a maturing tranche of US private placement debt and the balance will be taken out on 16 December.
Exceptional item - contract dispute
On 30 July 2014, the Group announced an exceptional charge in relation to a contract dispute in the UK, expected to be around £30m. Despite extensive efforts by senior management to actively progress matters in the resulting litigation, there have been no material developments. The Group continues to manage this matter closely and will update the market as appropriate.
Divisional Review
North America
The improving US construction market continues to contribute to a strong performance from the Group's US businesses. Year to date revenue and profits are ahead of the comparable period last year in all of our US businesses and, at the end of October, the order book was close to record levels.
Due to current market conditions, however, margins in Canada remain under pressure. Since the half year, we have further reduced overhead costs at Keller Canada and successfully merged Geo-Foundations, a business based in Ontario acquired at the beginning of 2013, with Keller Canada's Toronto business.
Europe, Middle East and Africa (EMEA)
Conditions in our European construction markets remain challenging. Whilst there are signs of improvement in the construction markets in the UK and Poland, these are not replicated elsewhere. Overall, however, the results of our businesses in Europe remain ahead of last year, demonstrating the benefits of the Group's business improvement measures.
Franki Africa is performing in line with expectations and we see strong medium term prospects for the business. The Middle East has some good opportunities, but remains very competitive. We continue our prudent expansion in Latin America, with Brazil the key focus.
Asia
Our businesses in Asia are performing well. Trading in Singapore is on track whilst the recent acquisition of the Ansah business in Malaysia has offered a number of new opportunities. The trading environment remains challenging in India, but we have started to see some signs of improvement in both the construction market and our business.
Australia
The piling contract for the on-shore LNG processing plant at Wheatstone in Western Australia is now virtually complete. At around A$220m, the contract is Keller's largest ever and the excellent progress to date is testament to the Group's ability to harness its resources to undertake large and complex projects. The order intake in Australia has slowed significantly since July, as a result of which we have initiated a number of cost saving measures. Whilst we are now expecting a difficult first half in 2015, there remain a number of major prospects in the latter part of the year and into 2016.
Summary
Justin Atkinson, CEO of Keller, said, "We continue to expect the Group's results for the full year to be in line with current market expectations. Looking ahead, conditions in our largest market, the US, are encouraging and, across the Group, there are a number of exciting and large projects at various stages in the bidding process".
Keller will publish a pre-close full year statement on 19 December 2014 and announce its preliminary full year results on 2 March 2015.
dreamcatcher
- 03 Dec 2014 22:25
- 140 of 172
3 Dec Liberum Capital 1,200.00 Buy
dreamcatcher
- 19 Dec 2014 18:16
- 141 of 172
Trading Statement
PRNW
For immediate release Friday, 19 December2014
Keller Group plc
Year End 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 financial year ending 31 December 2014, to be
announced on 2 March 2015.
There has been no significant change in market and trading conditions since the
release of the Interim Management Statement on 17 November 2014. 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 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.
dreamcatcher
- 19 Dec 2014 18:17
- 142 of 172
19 Dec Liberum Capital 1,200.00 Buy
dreamcatcher
- 07 Jan 2015 16:39
- 143 of 172
Contract Award in Singapore
PRNW
For immediate release 7 January 2015
Keller Group plc
Contract Award in Singapore
Keller Group plc ("Keller"), the international ground engineering specialist,
announces that it has been awarded a major contract at Changi Airport in
Singapore.
The work comprises vibrocompaction of the ground as part of the land
preparation works for a major expansion of the airport. The contract is for a
total amount of SGD56m (£28m) and mobilisation has already commenced. The main
works start imminently and are expected to be completed by mid-2016.
Justin Atkinson, Keller Chief Executive, commented:
"I am delighted to announce Keller's involvement in such a prestigious
development. This contract award reflects both the Group's excellent track
record using vibrocompaction in Singapore and extensive experience in similar
airport construction projects around the world, including previously at
Changi."