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Keller Group PLC (KLR.L)

KLR.L on London Stock Exchange

646.00GBp
2:30pm IST
Change (% chg)

3.00 (+0.47%)
Prev Close
643.00
Open
620.00
Day's High
659.00
Day's Low
620.00
Volume
6,616
Avg. Vol
89,604
52-wk High
898.61
52-wk Low
419.02

Latest Key Developments (Source: Significant Developments)

Keller Group Sees FY Rev To Be Broadly Flat Vs 2018
Friday, 20 Sep 2019 

Sept 20 (Reuters) - Keller Group PLC ::ISSUES AN UPDATE ON TRADING WHICH REITERATES ITS EXISTING OUTLOOK FOR FULL YEAR AND ASSUMPTIONS THAT UNDERPIN IT.TRADING MOMENTUM IN NORTH AMERICA IN SECOND HALF HAS STARTED MORE SLOWLY THAN PREVIOUSLY EXPECTED.FULL YEAR REVENUE FOR 2019 IS STILL EXPECTED TO BE BROADLY FLAT VERSUS 2018.TRADING IN EMEA REMAINS MIXED.EXPECTS AN IMPROVEMENT IN FY MARGIN PROGRESSIVELY DRIVING AN INCREASE IN PROFIT.FULL YEAR RESULT IS MORE DEPENDENT THAN USUAL ON TIMING OF EXPECTED LARGE CONTRACT AWARDS.TRADING MOMENTUM IN NORTH AMERICA IN SECOND HALF HAS STARTED MORE SLOWLY THAN PREVIOUSLY EXPECTED.TRADING IN EMEA REMAINS MIXED, WITH GOOD PROGRESS IN OUR KEY CONTINENTAL EUROPEAN BUSINESSES.DELIVERING WELL AND IS SLIGHTLY AHEAD OF PLAN ON WATERWAY RESTRUCTURING PROGRAMME.IN APAC, WE ARE ON TRACK IN WINNING NEW TARGETED CONTRACTS IN AUSTRALIA, WHICH WILL RAMP UP DURING Q4.CONTINUES TO EXPECT THAT NET DEBT WILL REDUCE YEAR-ON-YEAR.  Full Article

Keller To Cut 700 Jobs As Part Of Restructuring
Thursday, 22 Nov 2018 

Nov 22 (Reuters) - Keller Group PLC ::GROUP TRADING IN SECOND HALF OF YEAR HAS CONTINUED IN LINE WITH BOARD'S FULL YEAR EXPECTATIONS.GROUP-WIDE OUTLOOK FOR 2019 IS SOMEWHAT MIXED..WILL UNDERTAKE A MANAGED EXIT OF ITS HEAVY FOUNDATIONS ACTIVITIES IN SINGAPORE AND MALAYSIA.CURRENTLY EXPECTS TO TAKE AN EXCEPTIONAL RESTRUCTURING CHARGE OF APPROXIMATELY £57M IN ITS FULL YEAR 2018 RESULTS.ESTIMATE RESTRUCTURING WILL RESULT IN A REDUCTION OF AROUND 700 EMPLOYEES.NEGOTIATED IMPROVED TERMS IN SCHEDULED REFINANCING OF ITS EXISTING DEBT FACILITIES WHICH WERE DUE TO MATURE IN SEPTEMBER 2019.ENTERED INTO A NEW SYNDICATED REVOLVING CREDIT FACILITY TOTALLING £375M.NEW FACILITY HAS A MATURITY OF FIVE YEARS TO NOVEMBER 2023, INCORPORATES TWO ADDITIONAL ONE YEAR EXTENSION OPTIONS.NEW FACILITY HAS A £200M ACCORDION FEATURE.  Full Article

Keller Group Reports HY Revenue of £1,075.1 Mln
Monday, 30 Jul 2018 

July 30 (Reuters) - Keller Group PLC ::INTERIM DIVIDEND 12 PENCEPER SHARE.HY REVENUE £1,075.1 MILLION, UP 8 PERCENT.SAYS HY STATUTORY PROFIT BEFORE TAX 35.9 MILLION STG VERSUS 55.2 MILLION STG.SAYS HY UNDERLYING OPERATING PROFIT 49.1 MILLION STG VERSUS 44.0 MILLION STG.EXPECTS FURTHER PROGRESS DURING H2 AND REMAINS CONFIDENT THAT GROUP'S FULL YEAR RESULTS WILL BE IN LINE WITH ITS EXPECTATIONS.JAMES HIND, CURRENTLY GROUP'S FINANCE DIRECTOR, IS APPOINTED PRESIDENT OF KELLER'S NORTH AMERICA DIVISION.MICHAEL SPEAKMAN JOINS KELLER AS CHIEF FINANCIAL OFFICER AND AN EXECUTIVE DIRECTOR.  Full Article

BRIEF-Keller Group Sees Swift Deterioration In Activity During March Second Half

* KELLER GROUP PLC - SAW A SWIFT DETERIORATION IN ACTIVITY DURING SECOND HALF OF MARCH