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."

Result of GM

Released : 28/06/2013



In addition to the passing of the above resolution, the Acquisition was conditional upon satisfying or obtaining Canadian Competition Act Clearance, as defined in the Circular to Shareholders dated 11 June 2013. This process is well underway and the Company still expects the Acquisition to complete by 15 July 2013.

http://otp.investis.com/clients/uk/keller/rns/regulatory-story.aspx?cid=170&newsid=350371


=====================================================


Keller

A pre-close update ahead of first-half figures due on 29 July sent Keller Group (LSE: KLR.L - news) shares down 28p (2.8%) to 983p by midday. There wasn't actually much in the announcement, other than a confirmation that things are still in line with last month's interim statement.

That update revealed that economic conditions in the firm's global markets are varied, but that it is optimistic about the construction business in North America. Overall, we were told "the board expects to see a continuation of recent progress".

Keller shares are up more than 150% over the past 12 months.

Keller Group PLC (KLR:LSE) set a new 52-week high during Monday's trading session when it reached 1,016. Over this period, the share price is up 175.44%.

No stopping this one either.Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,079. Over this period, the share price is up 176.72%.

Completion of Acquisition

PRNW



For immediate release Monday,15 July 2013







Keller Group plc



Completion of Acquisition of North American Piling




Keller Group plc ("the Group"), the international ground engineering
specialist, announces the completion of the acquisition of North American
Piling.


All the conditions precedent contained in the sale and purchase agreement
having been satisfied, including Canadian Competition Act clearance, the
acquisition completed as at close of business in Canada on 12 July 2013.

Near on £11 now.

Up 3% today.

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,153. Over this period, the share price is up 189.19%.

Keller Group PLC (KLR:LSE) set a new 52-week high during today's trading session when it reached 1,163. Over this period, the share price is up 192.44%

Interim Result
29 Jul 13 Keller Group PLC [KLR]

Keller Group: Investec raises target to 1,300p from 1,115p, retains buy

Interim Results

Highlights include:



· Revenue up 5% and operating profit* more than doubled

· Strong margin improvement reflects:

o successful completion of major projects

o cost reduction measures

o business improvement initiatives

· Cash generated from operations of £30.2m (2012: £9.0m)

· Completion of North American Piling acquisition gives the Group a market-leading position in Canada

· Interim dividend increased by 5% to 8.0p per share (2012: 7.6p)



http://www.moneyam.com/action/news/showArticle?id=4639795

29 Jul Investec 1,300.00 Buy
29 Jul Liberum Capital 955.00 Hold

IC- A strong recovery in US residential building was the major catalyst behind a stunning first half at ground engineering specialist Keller

(KLR). Underlying pre-tax profit more than doubled to £26.8m, and despite predicting flat underlying revenue in the second half, further margin improvement should nudge full-year results toward the top end of City forecasts. Analysts at Jefferies responded by upgrading profit forecasts by 15 per cent to £69m, giving adjusted EPS of 69.1p (from £43.5m and 45.9p in 2012). However, orders have slowed recently and there’s still work to be done.

Operating margin doubled to 4.4 per cent during the period after Keller finished several big projects and cut costs. It got lucky with the weather in North America last winter, too. Further savings should feed through early next year, says chief executive Justin Atkinson, and the group's margin target of 6 per cent is within reach. It is already 5.4 per cent in North America, Keller’s largest market accounting for nearly half first-half revenue, and operating profit in the region jumped from £7.6m to £16.5m. That said, some big contracts either just ended, or nearing an end still haven’t been replaced.

Australia outperformed, too, with margins of 8.2 per cent flattered by a final flourish on the Australia Pacific LNG contract. Another LNG gig - Wheatstone - is underway. Elsewhere the outlook is patchy. Germany and Poland are challenging, Asia is mixed and the Middle East is picking up.
===================================================

Questor Share Tip: Keller produces a winning performance but orders may slow it down
TelegraphBy Roland Gribben | Telegraph – Tue, Jul 30, 2013 07:00 BST



Keller Group (LSE: KLR.L - news)

£10.89 -36p

Questor says HOLD

It was appropriate at the start of a post-Olympic (BSE: OLPCL.BO - news) year that Keller Group should end a depressing run of results.

The construction engineering company responsible for preparing the groundwork for the Olympic Stadium delivered a strong first-half recovery and comfortably beat market forecasts.

There was almost an Olympic-style performance. Turnover was up 5pc, pre-tax profits soared 115pc and earnings per share were a heady 124pc higher, but shareholders will have to be content with a more pedestrian 5pc increase in the interim dividend to to 8p.

Keller is in the big project business, tearing the earth apart and digging deep before the construction gangs move in. Crossrail, as well as the Olympic Stadium, provide its bread and butter. But as one of the biggest in the business Keller has worldwide coverage.

There was an element of flattery in the first-half figures when measured against last year’s comparable performance. Completion of major contracts and favourable settlements contributed to doubling operating margins from 2.2pc to 4.4pc.

Keller also feels it benefited from better risk management, reflected in the way contracts are now handled at crucial stages.

Three of its four geographic divisions are healthy. The weakest is Europe where a small loss last year has been turned into a small profit.

The scale of problems in Europe is illustrated by Keller’s business in Spain where turnover has slumped from €80m (£69m) to €10m in the past five years.

Asia remains the strongest business patch with margins nudging 11pc. Australia is seeing just over 8pc while the US, the biggest market in the Keller portfolio, is running at 5.4pc

The US market, currently accounting for almost 50pc of group operating profits, provided the springboard for an overdue first-half recovery.

A pick-up in the housing market and the power sector made a sizeable contribution to a near 120pc jump in operating profits.

Keller has also strengthened its North American presence. The acquisition of Canadian-based North American Piling for £144m is the group’s biggest so far and the financing through a 10pc share placing has encouraged management to take fresh look at other potential deals.

The company’s extensive fan club in the analyst community remain enthusiastic about the Keller’s performance and prospects, though they do sound some warning signals about the order outlook.

New contracts in the past two months are running below management’s expectations and the European market remains difficult.

The shares have had medal-winning sprint over the past year and although they remain a hold trading on a price-earnings ratio of 17.5 this year, falling to 14.6, and yielding 2.2pc, rising to 2.4pc there is room for profit taking.

A buy in this weeks IC - Earth shattering profits at Keller.


A strong recovery in US residential building was the major catalyst behind a stunning
first half at ground engineering specialist Keller (KLR). Underlying pre-tax profit more than doubled to £26.8m and, despite predicting flat underlying revenue in the second half, further margin improvement should nudge full year results towards the top end of city forecasts.

8 Aug Liberum Capital 1,050.00 Hold

Ex dividend

09 Oct 13 Keller Group PLC [KLR] (8 p)

Keller wins £33m contract in Singapore

StockMarketWire.com

Keller Group has won a contract worth approximately £33m to construct foundations and related works for the new Sengkang hospital project in Singapore.

Keller's contract is for the construction of a diaphragm wall and bored and secant piles.

The piling works, which make up the largest element of the contract, will be undertaken by Resource Piling, who will install more than 2,500 piles of varying diameters.

At 9:19am: (LON:KLR) Keller Group share price was +12p at 1014p


Story provided by StockMarketWire.com

Acquisition of Esorfranki Geotechnical

RNS


RNS Number : 0696Q

Keller Group PLC

09 October 2013






For immediate release Wednesday, 9 October 2013



Keller Group plc

("Keller" or "the Group")



Acquisition of Esorfranki Geotechnical, South Africa





Keller (LSE: KLR), the international ground engineering specialist, announces that it has agreed to purchase the Geotechnical Division of the Johannesburg-listed civil engineering and construction company Esorfranki Limited (JSE: ESR) for an initial consideration of R500m (£31m).



Esorfranki Geotechnical is the largest ground engineering business in South Africa, offering design and build services to the mining, civil engineering and construction industries, and has a strong track record of executing projects in other Sub-Saharan African countries. In the year ended 28 February 2013, Esorfranki Geotechnical generated revenue of R788m (£49m), of which 46% was earned outside South Africa, and an underlying operating profit* of R53m (£3.3m). At 28 February 2013, the value of the gross assets to be acquired was R630m (£39m) and the business had net assets of R419m (£26m).



In addition to adding a market-leading business run by an experienced management team who will remain with the business, the acquisition will accelerate Keller's entry into selected sub-Saharan construction markets, where significant growth is expected over the medium to long term, fuelled by major infrastructure and resources-related projects. The business will form part of the Group's EMEA division.



The total consideration, to be paid in cash from Keller's existing facilities, will comprise an initial payment of R500m (£31m), on a debt and cash free basis, together with a maximum deferred consideration of R150m (£9.4m) dependent on the achievement of a certain level of profits over the three years following the acquisition.



Completion is expected by the end of November 2013 and is subject, inter alia, to approval by shareholders of Esorfranki Limited at its general meeting on 18 November 2013 and the approval of the South African Reserve Bank.



*: stated before a R24m (£1.5m) profit on the sale of a property



Justin Atkinson, Chief Executive of Keller, said:



"This important acquisition marks another milestone in our strategy of extending our global leadership by expansion into new, higher growth regions.



"The combination of Esorfranki Geotechnical's local knowledge and resources with Keller's scale, experience and broad range of techniques will make us ideally placed to undertake complex major projects requiring design expertise and multi-product solutions in a region where we expect the longer-term opportunities to be significant."


Acquisition of Esorfranki Geotechnical

RNS


RNS Number : 0696Q

Keller Group PLC

09 October 2013






For immediate release Wednesday, 9 October 2013



Keller Group plc

("Keller" or "the Group")



Acquisition of Esorfranki Geotechnical, South Africa





Keller (LSE: KLR), the international ground engineering specialist, announces that it has agreed to purchase the Geotechnical Division of the Johannesburg-listed civil engineering and construction company Esorfranki Limited (JSE: ESR) for an initial consideration of R500m (£31m).



Esorfranki Geotechnical is the largest ground engineering business in South Africa, offering design and build services to the mining, civil engineering and construction industries, and has a strong track record of executing projects in other Sub-Saharan African countries. In the year ended 28 February 2013, Esorfranki Geotechnical generated revenue of R788m (£49m), of which 46% was earned outside South Africa, and an underlying operating profit* of R53m (£3.3m). At 28 February 2013, the value of the gross assets to be acquired was R630m (£39m) and the business had net assets of R419m (£26m).



In addition to adding a market-leading business run by an experienced management team who will remain with the business, the acquisition will accelerate Keller's entry into selected sub-Saharan construction markets, where significant growth is expected over the medium to long term, fuelled by major infrastructure and resources-related projects. The business will form part of the Group's EMEA division.



The total consideration, to be paid in cash from Keller's existing facilities, will comprise an initial payment of R500m (£31m), on a debt and cash free basis, together with a maximum deferred consideration of R150m (£9.4m) dependent on the achievement of a certain level of profits over the three years following the acquisition.



Completion is expected by the end of November 2013 and is subject, inter alia, to approval by shareholders of Esorfranki Limited at its general meeting on 18 November 2013 and the approval of the South African Reserve Bank.



*: stated before a R24m (£1.5m) profit on the sale of a property



Justin Atkinson, Chief Executive of Keller, said:



"This important acquisition marks another milestone in our strategy of extending our global leadership by expansion into new, higher growth regions.



"The combination of Esorfranki Geotechnical's local knowledge and resources with Keller's scale, experience and broad range of techniques will make us ideally placed to undertake complex major projects requiring design expertise and multi-product solutions in a region where we expect the longer-term opportunities to be significant."

Keller reschedules trading update

StockMarketWire.com

Keller Group has amended the date of its interim management statement which will now be released on 19 November.

At 9:46am: (LON:KLR) Keller Group share price was -18.5p at 1031.5p


Story provided by StockMarketWire.com

The sp does seem to have drifted from its highs at the end of September but seems to have recovered half of the sp fall. In IC this week - US worries hit Keller. Keller's US orders have fallen by more than 10% from their peak in July. That's significant because the ground engineering specialist generates over half of its turnover from North America and sentiment there has been dented by the failure to agree a budget and on worries that political wrangling could lead to a US debt default.
Keller is picking up work elsewhere.


Investec securities says - Buy - we expect to see a continued improvement in margins and - with the shares trading on a multiple of 6 x 2014 forecast embedded value to cash profits - we are setting a price target of 1300p . We are increasing our 2014 estimates to £80m of pre-tax profit and EPS of 77.1p reflecting the positive effects of buying Esortranki Geotechnical.


Liberum Capital says - Hold - Keller's South African bolt-on acquisition isn't expected
to deliver any material contributions this year, but we estimate the business will add 3% to 2014's full year earnings. We retain our 1,050p price target.

DC, where do you get your broker snippets from at the bottom of last post?are they in the article in the IC?.