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Keller Group PLC (KLR.L)

KLR.L on London Stock Exchange

941.00GBp
23 Feb 2018
Change (% chg)

6.00 (+0.64%)
Prev Close
935.00
Open
937.00
Day's High
942.00
Day's Low
933.00
Volume
9,056
Avg. Vol
59,251
52-wk High
1,072.00
52-wk Low
790.00

Latest Key Developments (Source: Significant Developments)

Britain's Keller Group in talks to acquire U.S. firm Moretrench
Friday, 5 Jan 2018 02:04am EST 

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 02:00am EST 

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 02:00am EST 

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

Keller Group says H1 underlying revenue 991.1 mln pounds
Monday, 31 Jul 2017 02:00am EDT 

July 31 (Reuters) - Keller Group Plc :INTERIM DIVIDEND UP 5 PERCENT TO 9.7 PENCEPER SHARE.H1 UNDERLYING REVENUE 991.1 MILLION STG VERSUS 849.7 MILLION STG YEAR AGO.H1 UNDERLYING OPERATING PROFIT AT 44 MILLION STG VERSUS 35.6 MILLION STG YEAR AGO.INTERIM DIVIDEND PER SHARE 9.7 PENCE VERSUS 9.25 PENCE YEAR AGO.H1 UNDERLYING PROFIT BEFORE TAX AT 39.3 MILLION STG VERSUS 30.2 MILLION STG YEAR AGO.H1 NET DEBT DECREASED TO £297.3M (31 DECEMBER 2016: £305.6M).YEAR-END ORDER BOOK OVER £1.1BN."CONFIDENT THAT GROUP'S FULL YEAR 2017 RESULTS WILL BE IN LINE WITH ITS EXPECTATIONS".  Full Article

Keller Group says sold property for 62 mln stg cash
Thursday, 11 May 2017 02:00am EDT 

May 11 (Reuters) - Keller Group Plc ::Sold freehold of processing and warehousing facility at Avonmouth to CSUK1 Holdings Ltd and CSUK1 Investments Ltd for £62 million cash.  Full Article

Keller Group Plc announces acquisition of Geo-Instruments
Wednesday, 12 Apr 2017 02:00am EDT 

Keller Group Plc : Acquisition .Has acquired instrumentation and monitoring company, Geo-Instruments, in north america..  Full Article

Keller group reports FY EPS 75.9 pence
Monday, 27 Feb 2017 02:42am EST 

Keller Group Plc : Final dividend 19.25 penceper share . Total dividend up 5 percent to 28.5 penceper share . FY earnings per share 75.9 pence versus 86.4 pence year ago . FY profit before tax 85.1 million STG versus 95.7 million STG year ago . FY revenue 1.78 billion STG versus 1.56 billion STG year ago . Year-End order book at 20% above last year . Remain ideally placed to help respond to any increase in infrastructure spending in us and beyond .confident will realise gross benefits of £50m by 2020 ,around half of which is expected to be reflected as improved profitability.  Full Article

Keller names Venu Raju as executive director
Wednesday, 14 Dec 2016 09:16am EST 

Keller Group :Appointment of Venu Raju as exec director from 1 Jan 2017, replacing Wolfgang Sondermann resigning from board on 31 Dec.  Full Article

Keller says awarded Abu Dhabi contract
Tuesday, 9 Aug 2016 02:50am EDT 

Keller Group Plc : Announces that it has been awarded a major contract in abu dhabi . Work comprises ground improvement works and will be conducted in a 50-50 consortium. Total contract is valued at around £50m .Work is expected to commence imminently and to be completed by q3 2017.  Full Article

Keller H1 revenue of 850 mln stg, up 12 pct
Monday, 1 Aug 2016 02:00am EDT 

Keller Group Plc : Interim dividend up 5 percent to 9.25 penceper share . Operating profit before exceptional items 1 down 6% . Medium-Term objectives on track to deliver . Apac made a loss in period, due to market conditions and project delays, but we expect a return to profitability in second half of year. .Record first half revenue of £850m, up 12%.  Full Article

LIVE MARKETS-Closing snapshot: STOXX 600 in striking distance of all time high

* European stocks extend rally * Swiss blue-chips, FTSE 100 hit records * UK motor insurers, dealers hit by weak sales data * U.S. non-farm payrolls miss Jan 5 Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Kit Rees. Reach her on Messenger to share your thoughts on market moves: kit.rees.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: STOXX 600 IN STRIKING DISTANCE O