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Keller Group PLC on Tuesday upgraded its full-year outlook, citing stronger-than-expected trading, as it noted a sharp rise in customer demand for infrastructure projects in North America. The London-based geotechnical specialist contractor said it now expects 2026 revenue and underlying operating profit to be ‘materially’ ahead of current market expectations of £3.15 billion and £223 million, respectively. For 2025, the firm had reported revenue of £3.09 billion and underlying operating profit of £218.2 million. The London-based geotechnical specialist contractor said its North American business has outperformed thanks to strong demand for infrastructure and data centre projects, while trading in Europe and the Middle East has been robust and tendering activity remains buoyant. Keller added that its balance sheet and cash generation remain strong, and it is confident in its long-term growth strategy. Chief Executive Officer James Wroath said: ‘Our North American operations, which account for around 60% of the group’s revenue, have delivered an exceptional performance across the US and Canada so far this year, supported by increased activity in infrastructure and data centres. This reflects Keller’s ability to identify and respond to structural megatrends and pivot to subsectors with strong customer demand which drive business growth.’ He added: ‘Together with the robust results across the wider group, this demonstrates the strength of the group’s market positioning and portfolio as well as our continued disciplined approach to project execution. We remain well positioned to continue delivering value for our customers and returns for shareholders in 2026 and beyond.’ Keller shares jumped 15% to 3,096.00 pence each on Tuesday morning in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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