UPDATE 1-Keller says trading still down on 2008
* Says order intake 'steady' since H1
* Says trading so far this year in line with market views
(Adds details)
LONDON, Nov 12 (Reuters) - Ground engineering company Keller (KLR.L) says reduced global construction spend continues to weigh on margins, as it continues to perform below 2008 levels.
The company said on Thursday its order intake since the first half has remained "reasonably steady", despite a drop of 22 percent in the first six months of the year.
"As expected, both revenues and margins since the first half have continued to be below the comparable period in 2008," said in the company in a statement.
"However, viewed in the context of the difficult market conditions, the results so far reflect a resilient performance," it added.
Net debt stands at 100 million pounds ($165.8 million) while markets remain depressed in the U.S. commercial and residential sector as well as in continental Europe, it said.
But it added it continues to trade in line with market expectations and its UK business will benefit in the second half from a restructuring earlier this year. (Reporting by Lorraine Turner; Editing by Victoria Bryan) ($1=.6033 Pound)
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