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."

Came up on my system today and previously a couple of week back DC.

Featured it on Chart Attack thread but went for another, but may buy tuesday.

Looks to have some solid momentum and oscillators looking positive.

Thanks goldfinger. I will be singing from the roof tops if these hit 900p, will be 100% up. Happy Easter.

As of Mar 29, 2013, the consensus forecast amongst 8 polled investment analysts covering Keller Group plc advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts improved on Oct 19, 2012. The previous consensus forecast advised investors to hold their position in Keller Group plc.

Major Contract Award in Russia

RNS


RNS Number : 4014B

Keller Group PLC

03 April 2013






For immediate release 3 April 2013





Keller Group plc



Major Contract Award in Russia





Keller Group plc ("Keller" or "the Group"), the international ground engineering specialist, announces that it has been awarded its largest contract to date in Russia. Worth approximately RUB 1.6bn (£35m), the contract is for the preparation of a complete excavation pit for one of Russia's leading real estate development, construction and building materials companies.

The contract is part of the development of a new 46,000 m2 residential complex located in central Moscow. The development will comprise several multi-storey buildings constructed above shared, two-level underground parking for some 1,800 cars.

Keller will be responsible for the construction of approximately 17,000 m2 of diaphragm wall to provide excavation support, together with the associated strutting, earthworks, dewatering and foundation slab. Support for the project will come from Poland, where Keller has completed a number of excavation pits and developed significant major project expertise.

Work is expected to commence shortly and to complete in spring 2014.

Justin Atkinson, Keller Chief Executive, commented:



"This award comes on the back of several smaller contacts in Russia completed by Keller in recent years, including the foundations for the ice rink in Sochi for the 2014 Winter Olympics. It is encouraging to see our business gaining traction in this growing market."



"The construction of complete excavation pits is a good example of how we continue to broaden the range of services we offer to meet our customers' total foundation requirements. This contract win also illustrates the success of our strategic initiative to increase our exposure to major projects."

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 840.00. Over this period, the share price is up 96.26%.

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 844.00. Over this period, the share price is up 97.43%

Again a buy in this weeks IC.

KELLER GROUP PLC - Annual Financial Report

Released : 12/04/2013


http://otp.investis.com/clients/uk/keller/rns/regulatory-story.aspx?cid=170&newsid=335338

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 854.50. Over this period, the share price is up 92.66%.

As of Apr 26, 2013, the consensus forecast amongst 8 polled investment analysts covering Keller Group plc advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts improved on Oct 19, 2012. The previous consensus forecast advised investors to hold their position in Keller Group plc.


Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 859.50. Over this period, the share price is up 88.90%.

Directorate Change
RNS
RNS Number : 7621D
Keller Group PLC
01 May 2013



For immediate release 1 May 2013




KELLER BOARD CHANGE




Keller Group plc ("Keller" or "the Company"), the international ground engineering specialist, announces that at its forthcoming Annual General Meeting, Mr Bob Rubright will be standing down as a Director of the Company.



Bob joined Keller with the Hayward Baker acquisition in 1984 and, after becoming Managing Director of Keller North America, he joined the Board in 2003.



He will be succeeded as Managing Director of Keller North America by Mr John Rubright, but will not be replaced on the Board. John has been with the Group since 1986. He is President of Hayward Baker, which now makes up over 50% of the Group's North American business, and is a member of the Group Executive Committee.



As part of Bob's planned retirement from Keller, he has agreed to remain involved in the Group's North American business on a part-time basis for a period of time after he stands down from the Board.



Accordingly, the resolution to re-elect Bob Rubright as a Director at the 2013 Annual General Meeting, as set out in the notice of that meeting, will be withdrawn.



Commenting today, Mr Roy Franklin, Chairman of Keller, said:



"We are indebted to Bob for his enormous contribution to the Group and I am delighted that we will have continued access to his wisdom and experience in the medium term."

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 864.50. Over this period, the share price is up 102.46%.

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 890.00. Over this period, the share price is up 108.68%.

Interim Management Statement

RNS


RNS Number : 7214E

Keller Group PLC

15 May 2013












For immediate release Date - 15 May 2013





Keller Group plc



Interim Management Statement







Keller Group plc ("Keller" or "the Group"), the international ground engineering specialist, issues its Interim Management Statement covering the period 1 January to 14 May 2013.



Overview



As anticipated in our full-year results announcement in March, economic conditions across our global construction markets continue to be varied. We remain optimistic about a progressive strengthening of the North American construction markets, assuming that the wider US fiscal position does not worsen. Whilst economic uncertainty in Europe continues to hold back a recovery in its construction markets, we have seen no further deterioration in market conditions since the start of the year. Elsewhere, the two-speed construction market in Australia continues, whilst in Asia we continue to see good opportunities.



Keller has had a strong start to the year, helped by the successful completion of a number of major projects, good contract performance overall and relatively benign winter weather in our markets in North America. This has resulted in both revenue and profit in the first four months being better than the Board expected at the time of announcing the Group's 2012 preliminary results.



After adjusting for the exceptionally large Wheatstone project, which was awarded in January 2012 and on which we have only recently mobilised, order intake for the year to date has been at a similar level to the same period last year. Accordingly, the order book for work to be executed over the next 12 months is broadly in line with this time last year.

Looking ahead to the rest of the year, the Board expects to see a continuation of recent progress.

Divisional Review



North America



In the four months to the end of April, the Group's North American foundation contracting companies have performed ahead of budget and the same period last year, benefitting from positive momentum in the construction market in many parts of the US and a strong operational performance.



The integration of Geo-Foundations Contractors, Inc., the Toronto-based specialist geotechnical contractor acquired in January, is progressing well and management is confident that the developing co-operation between Geo-Foundations and Hayward Baker will deliver significant business benefits over time.



At Suncoast, the steady increase in production during 2012 has been maintained in the first four months of this year, as the business continues to take full advantage of growth in US residential construction. As a result, both revenue and profit in the year to date are well ahead of both last year and budget.



Europe, Middle East & Africa (EMEA)



Overall, despite the challenging market conditions, the performance of the EMEA division has improved in the year to date, benefitting from the self-help measures implemented during 2012.



Our large infrastructure projects in EMEA - most notably the Crossrail and Victoria Station Upgrade contracts in the UK and the Gdansk road tunnel project in Poland - are all progressing well.



We were recently awarded our largest contract to date in Russia, involving the preparation of a complete excavation pitfor a new residential complex located in central Moscow. In undertaking this contract, we will draw on our equipment and experienced workforce from neighbouring countries, in particular Poland.

In the Middle East, we are seeing some increase in activity and our operations in the region have generally performed better than in the same period last year.

Asia



Our Asian business has made a good start to the year, although market conditions in India remain somewhat challenging.



In Malaysia, where the foundation market is currently buoyant, we have now completed our major piling and ground improvement project for Vale at Lumur and have since been awarded another piling contract in Kuala Lumpur, which will further strengthen our credentials as a piling business in Malaysia. We have also commenced our first ground anchor contract in the country, with support from our businesses in India and Austria.



Work is underway on our first contract in Hong Kong for many years, where we now have four rigs on site. The project involves installing stone columns for the new Hong Kong Link Road project. We have also been awarded our first ground improvement contract in Indonesia, to install stone columns for a new fuel oil terminal on Karimun Island.





Australia



The two-speed construction market in Australia continues, with projects for the resources sector generating a significant part of the overall demand, whereas the building and infrastructure sectors remain very quiet.



Despite the market challenges, the performance of our Australian business in the year to date has been ahead of last year, with another excellent contribution from Waterway Constructions.



Work has now commenced on the Wheatstone contract, which is set to be the Group's largest contract to date.



Financial Position



The Group's financial position remains strong. Other than the normal seasonal increase in working capital, there has been no significant change to our financial position since the last year end.



Annual General Meeting and Interim Results



Keller will be holding its Annual General Meeting at 11.00 a.m. on 23 May 2013 at the offices of Investec, 2 Gresham Street, London, EC2V 7QP.



The Company intends to announce its interim results on Monday, 29 July 2013.

Keller benefitting from recovery in US construction
By Benjamin Chiou

Wed 15 May


Keller benefitting from recovery in US construction LONDON (SHARECAST) - Keller, the world's largest independent ground engineering specialist, sparked a share-price surge on Wednesday morning after saying that results so far this year have beaten its expectations despite mixed conditions worldwide.

The company said that while economic conditions across global construction markets continue to be "varied", both revenue and profit in the first four months of 2013 was better than it expected at the time of announcing its full-year results in March.

The stock was up 9.52% at 949.5p by 08:30 on Wednesday.

One of the main reasons for the optimism has been the "progressive strengthening" of construction markets in North America, where Keller's foundation contracting companies have performed ahead of budget.

Over in Europe, economic uncertainty still persists though the group did say that it has not seen any further deterioration in market conditions.

The performance of the wider Europe, Middle East & Africa (EMEA) division has improved this year and large infrastructure projects - Crossrail and Victoria station upgrades in the UK and the Gdansk road tunnel project in Poland - are said to be progressing well. Meanwhile, the firm secured its largest contract to date in Russia for work on a new residential complex.

"Elsewhere, the two-speed construction market in Australia continues, whilst in Asia we continue to see good opportunities," the company said.

Following the statement, analysts at Jefferies raised their target price for the stock from 820p to 1,050p and reiterated a 'buy' rating, saying that Keller remains an "attractive way to play [the] recovery" in the North American residential markets.

"In our view we are at the early stages of a recovery cycle in global construction markets, the recovery is not uniform by any means and many of Keller's markets remain fragile, representing risk, but in general, the light at the end of the tunnel is starting to burn a little brighter," said analyst Anthony Codling.

Including Wednesday's surge, the stock has now jumped around 123% over the past 12 months, recovering to levels not seen since late 2007.

Conditions remain mixed for Keller but Jefferies reckons that the engineering company remains well-positioned for a recovery in the US residential markets.

The broker has raised its target price for the FTSE 250 stock from 820p to 1,050p after upgrading its 2013 and 2014 profit forecasts by 17% and 11%, respectively. A 'buy' rating was maintained for the stock

Jefferies International reiterates buy on Keller Group, target raised from 820p to 1050p

Investec retains buy on Keller Group, target raised from 850p to 1000p.


Numis reiterates add on Keller Group, target raised from 825p to 1000p.

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 956.50. Over this period, the share price is up 124.79%.

Keller: Panmure Gordon raises target price from 570p to 900p, while keeping a hold rating.

Trading statement 23 May