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Keller Group PLC (KLR.L)

KLR.L on London Stock Exchange

590.00GBp
10:48am BST
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-1.00 (-0.17%)
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Volume
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1,133.68
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Latest Key Developments (Source: Significant Developments)

Keller Group Says Performance In First Four Months Of 2019 Lower Than Anticipated
Thursday, 16 May 2019 

May 16 (Reuters) - Keller Group PLC ::KELLER GROUP PLC - TRADING STATEMENT.KELLER GROUP PLC - BOARD'S EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED.KELLER GROUP PLC - EXPERIENCED MODEST TRADING FOR YEAR TO DATE AND CONTINUES TO EXPECT PROFITS TO HAVE A SECOND HALF BIAS.KELLER GROUP PLC - EXPERIENCED MODEST TRADING FOR YEAR TO DATE AND CONTINUES TO EXPECT PROFITS TO HAVE A SECOND HALF BIAS.KELLER GROUP PLC - AT FY END ORDER BOOK REMAINS AROUND £1 BILLION.KELLER GROUP PLC - IN NORTH AMERICA, ADVERSE STEEL COST IMPACT IN SUNCOAST EXPERIENCED IN 2018 IS NOW REVERSING AS ANTICIPATED.KELLER GROUP PLC - IN APAC, OUR EXPECTATION OF A RETURN TO PROFITABILITY IN SECOND HALF REMAINS ON TRACK.KELLER GROUP PLC - OVERALL TRADING PERFORMANCE IN FIRST FOUR MONTHS OF 2019 HAS BEEN LOWER THAN ANTICIPATED BUT IS ON AN IMPROVING TREND.KELLER GROUP PLC - RESULTS FOR FIRST HALF OF 2019 WILL BE MATERIALLY LOWER COMPARED TO FIRST HALF OF 2018.KELLER GROUP PLC - NET DEBT HAS RISEN SLIGHTLY SINCE YEAR END, ALBEIT LESS THAN EXPECTED.KELLER GROUP PLC - CONTINUES TO EXPECT TO MAKE GOOD PROGRESS IN 2019.KELLER GROUP PLC - MORETRENCH, ACQUIRED IN 2018, IS PERFORMING WELL.KELLER GROUP PLC - IN NORTH AMERICA PERFORMANCE IN FIRST FOUR MONTHS HAS BEEN WEAKER THAN ANTICIPATED.  Full Article

Keller Group Expects APAC Division To Return To Profit In H2 2019
Monday, 4 Mar 2019 

March 4 (Reuters) - Keller Group PLC ::KELLER GROUP PLC - FY REVENUE 2,224.5 MILLION STG VERSUS 2,070.6 MILLION STG REPORTED LAST YEAR.KELLER GROUP PLC - RECOMMENDING A FINAL DIVIDEND OF 23.9P.KELLER GROUP PLC - FY UNDERLYING DILUTED EARNINGS PER SHARE OF 79.1P (2017: 101.8P).KELLER GROUP PLC - FY TRADING AND EARNINGS IN LINE WITH REVISED EXPECTATIONS; NET DEBT OF £286.2M BETTER THAN CONSENSUS.KELLER GROUP PLC - FY UNDERLYING PROFIT BEFORE TAX 80.5 MILLION STG VERSUS 98.7 MILLION STG.KELLER GROUP PLC - STATUTORY PROFIT BEFORE TAX FOR YEAR FELL TO £8.4M (2017: £110.6M).KELLER GROUP PLC - IN 2019 OVERALL WE EXPECT REVENUE TO BE BROADLY FLAT WITH AN IMPROVEMENT IN MARGIN AND A GOOD RECOVERY IN PROFIT.KELLER GROUP PLC - WE EXPECT DEBT LEVERAGE TO REDUCE SIGNIFICANTLY BY YEAR END.KELLER GROUP PLC - 2018 WAS A DIFFICULT YEAR FOR FOUR OF OUR BUSINESS UNITS: ASEAN, WATERWAY, FRANKI AFRICA AND BRAZIL.KELLER GROUP PLC - IN APAC, DECISION TO EXIT ASEAN HEAVY FOUNDATIONS WILL LEAD TO A REVENUE DECLINE IN 2019.KELLER GROUP PLC - IN EMEA, WE BENEFITTED FROM LARGE, HIGHLY PROFITABLE PROJECTS IN FIRST HALF OF 2018 WHICH WILL NOT REPEAT IN 2019.KELLER GROUP PLC - IN 2019 OVERALL EXPECT REVENUE TO BE BROADLY FLAT WITH AN IMPROVEMENT IN MARGIN AND A GOOD RECOVERY IN PROFIT.KELLER GROUP PLC - GROUP'S GEOTECHNICAL BUSINESS IN AUSTRALIA RETURNED TO PROFIT IN 2018 BUT OUTLOOK FOR 2019 REMAINS MUTED.  Full Article

Keller to review APAC unit after it swings to a loss
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Keller Group PLC ::UPDATE ON APAC TRADING.IT IS NOW EXPECTED THAT APAC DIVISION WILL MAKE A PRE-TAX LOSS OF BETWEEN £12M-£15M IN FULL YEAR TO 31 DECEMBER 2018, IN CONTRAST TO PREVIOUS EXPECTATION OF A SMALL PROFIT..CONSEQUENCE GROUP IS UNDERTAKING A STRATEGIC REVIEW OF AFFECTED BUSINESS UNITS AND WILL UPDATE MARKET IN DUE COURSE.IN ALL OTHER RESPECTS, GROUP'S TRADING RESULTS FOR 2018 FINANCIAL YEAR REMAIN IN LINE WITH BOARD'S EXPECTATIONS..  Full Article

Keller Group Appoints Michael Speakman As CFO
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Keller Group PLC ::JAMES HIND, CURRENTLY FINANCE DIRECTOR, WILL SUCCEED JOHN RUBRIGHT AS DIVISIONAL PRESIDENT, NORTH AMERICA, WITH EFFECT FROM 20 AUGUST 2018.JAMES WILL BE SUCCEEDED BY MICHAEL SPEAKMAN.MICHAEL SPEAKMAN WILL BE APPOINTED CHIEF FINANCIAL OFFICER WITH EFFECT FROM 20 AUGUST 2018.  Full Article

Keller Says FY Revenue 2.1 Bln Stg Vs. 1.8 Bln Stg Year Ago
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Keller Group Plc ::FINAL DIVIDEND UP 27 PERCENT TO 24.5 PENCEPER SHARE.TOTAL DIVIDEND 34.2 PENCE PER SHARE.FY REVENUE 2,070.6 MILLION STG VERSUS. 1,780 MILLION STG AS REPORTED YEAR AGO.FY UNDERLYING PROFIT BEFORE TAX 98.7 MILLION STG VERSUS. 85.1 MILLION STG AS REPORTED YEAR AGO.YEAR-END ORDER BOOK, EXCLUDING CASPIAN PROJECT, UP 5%.CEO SAYS "ORDER BOOK OF OVER £1BN GIVES US CONFIDENCE AS WE START 2018".CEO SAYS "EXPECT 2018 TO BE ANOTHER YEAR OF UNDERLYING PROGRESS".  Full Article

Britain's Keller Group in talks to acquire U.S. firm Moretrench
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Keller Group Plc ::POTENTIAL ACQUISITION.‍IN DISCUSSIONS TO ACQUIRE MORETRENCH INC., A GEOTECHNICAL CONTRACTING COMPANY OPERATING PREDOMINANTLY ALONG EAST COAST OF US.​.‍MORETRENCH HAS A STRONG HERITAGE OF COMPLEX GEOTECHNICAL PROJECTS AND, IN 2016, HAD REVENUE OF US$170M, OPERATING PROFIT OF US$9.3M AND EBITDA OF US$13.9M​.‍ACQUISITION, SHOULD IT PROCEED, WILL BE FUNDED WHOLLY IN CASH USING EXISTING BORROWING FACILITIES.​.‍ACQUISITION GIVES KELLER ACCESS TO NEW NICHE GEOTECHNICAL PRODUCTS AS WELL AS NEW INDUSTRIAL CUSTOMERS AND SHOULD HAVE GOOD REVENUE AND COST SYNERGIES.​.‍ACQUISITION REMAINS SUBJECT TO SATISFACTORY COMPLETION OF DUE DILIGENCE.​.  Full Article

Keller Says U.S. Tax Reform To Benefit Future After Tax Earnings
Friday, 5 Jan 2018 

Jan 5 (Reuters) - Keller Group Plc ::‍US TAX REFORM LEGISLATION​.‍KELLER EXPECTS THIS TAX REFORM LEGISLATION WILL BENEFIT ITS FUTURE AFTER TAX EARNINGS.‍EXPECT 2017 EARNINGS TO BENEFIT FROM ONE-OFF NON-CASH CREDIT TO INCOME STATEMENT DUE TO US DEFERRED TAX LIABILITIES.‍BASED ON NET LIABILITIES AT END OF 2016, CASH CREDIT IS EXPECTED TO BE AROUND US$10M​​​.  Full Article

Keller Group says remains on course to meet board's expectations for full year
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Keller Group Plc :‍FOR GROUP AS A WHOLE, BOTH REVENUE AND PROFIT IN FOUR MONTHS SINCE HALF YEAR ARE AHEAD OF SAME PERIOD LAST YEAR​.‍REMAINS ON COURSE TO MEET BOARD'S EXPECTATIONS FOR FULL YEAR​.‍HURRICANES HARVEY AND IRMA RESULTED IN LOST PRODUCTION ON SOME SITES IN FLORIDA AND TEXAS FOR PERIODS OF UP TO TWO WEEKS IN Q3​.‍EXPECT HEIGHTENED FOCUS ON HURRICANE AND FLOOD DEFENCES TO LEAD TO INCREASED INVESTMENT OVER TIME​.‍OPERATING PROFIT IN NORTH AMERICA WILL DECLINE IN 2017​.‍GROUP IS EXPECTED TO BENEFIT FROM PROPOSED US CORPORATE TAX CHANGES​.‍EMEA'S UNDERLYING PERFORMANCE IS EXPECTED TO CONTINUE TO IMPROVE NEXT YEAR​.‍APAC, PRICING REMAINS CHALLENGING IN CERTAIN MARKET SEGMENTS​.‍CONTINUE TO EXPECT THAT APAC WILL RETURN TO PROFITABILITY IN 2018​.  Full Article

UPDATE 1-Keller's first-half results take hit from more costs

May 16 Ground engineering contractor Keller Group Plc said on Thursday first-half results for 2019 will be materially lower than a year ago, hit by additional costs to recover from bad weather in North America.