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."

Trading Update
PRN
For immediate release 23 May 2018
Keller Group plc
Trading update
Keller Group plc (Keller or the Group), the worlds largest geotechnical solutions provider, issues a trading update ahead of its Annual General Meeting to be held at 11.00am today.
The Group has had a positive start to the year, with like for like revenue growth, and modest profit growth, in the first four months of 2018, despite the adverse impact of poor weather across both North America and Europe and the wind down of the Caspian project.
Tendering activity and contract awards remain healthy and the order book of work to be undertaken in the next 12 months, excluding the Caspian project and acquisitions, is 4% higher than at the same time last year.
There have been no major changes in our markets since we reported the Groups 2017 full year results on 26 February and the Group remains well positioned to address the global market trends of urbanization and infrastructure growth.
In North America, the first two months of the year were impacted by poor weather, but trading has improved notably in the last two months. The US construction market as a whole remains solid and continues to grow steadily, although Suncoast is having to contend with rising steel prices. The integration of Moretrench has started well and confirms Kellers position as the most capable geotechnical solutions provider on the East Coast, leaving it very well positioned for the expected long term renewal of infrastructure in the region.
In EMEA, despite the poor weather across most of Europe in the first quarter, our core European businesses are performing in line with expectations. The Middle East is having a quieter year following the completion of its two major projects and the Brazilian market remains challenging. The Groups very large Caspian project is now complete and we have largely demobilised. Excluding this project, we continue to expect further progress in EMEA in 2018.
In APAC, the actions taken to restructure the business are delivering results. Revenue growth is encouraging, particularly in Australia as a result of a healthy level of infrastructure work and the continued upturn in investment from the resources industry. Although pricing remains challenging in certain market segments, we continue to expect that APAC will return to profitability in 2018.
Our Group order book of over 1bn gives us confidence that our strategic initiatives, technical leadership, wide product portfolio, broad local branch network and operational strength will continue to drive the business forward. The Group continues to make good progress against the target of 50m gross benefits from strategic initiatives.
The Group has positive momentum in all its divisions and remains on course to meet the Board's expectations for the full year.
Keller will announce its interim results on 30 July 2018.

08:20 31/05/2018
Broker Forecast - Peel Hunt issues a broker note on Keller Group PLC
Peel Hunt today reaffirms its buy investment rating on Keller Group PLC (LON:KLR) and raised its price target to 1160p (from 1090p). Story prov

Results for the six months ending 30 June 2018

H1 2018 summary:
· Record first half revenue of £1,075m driven by constant currency growth of 15%
· Strong underlying constant currency operating profit growth of 22%
· Divisional performance
· North America: strong growth in both revenue and profit, despite poor weather in the first quarter
· EMEA: solid performance with profits maintained despite less revenue from large projects and a harsh winter
· APAC: losses substantially reduced; profitable second quarter and an encouraging order book
· Tendering activity remains positive and the order book remains healthy - up 1% excluding the Caspian project, giving confidence for the full year
· Net debt increased to £367m, representing 1.9x annualised EBITDA, due to the Moretrench acquisition, strong organic growth and normal seasonal working capital outflows - currently expected to be around 1.5x at year end
· Underlying earnings per share increased 17% to 41.0p
· Interim dividend per share of 12.0p, up 24%, following the upward rebasing of the 2017 full year dividend