Keller Group PLC
6 December 1999
£20m of New Contracts
Keller Group plc, the global ground engineering services
company, has recently been awarded £20m of contracts from
around the world:
- £10m in the UK - £2m of piling at Magor, Wales and
specialist compensation grouting to the foundations of the
Royal Scottish Academy, Edinburgh
- £10m of orders from Continental Europe, which includes
soil mixing in Crakow, Poland; soilcrete grouting at St.
Ulrich, Italy and ground improvement at Blanquefort, France
Tom Dobson, Chief Executive, commented: 'These orders
underline our excellent coverage of Europe. We are well
placed to benefit from these growing markets.'
- Keller is listed on the London Stock Exchange and is
capitalised at £161m. It is on a forward multiple of 14
times 1999 forecast earnings.
- It has offices in 19 countries and approximately 2,400
employees world-wide.
- The Company announced interim results for the half year
to 30 June, 1999 which showed profit before tax increased
19% to £6.3m and earnings per share increased by 17% to 6.9p
(1998: 5.9p). Gearing remained low.
- Last year's preliminary results showed profits up 21% to £13.8m.
For further information:
Mike Moseley Keller Group plc 0181 348 6424
Susy Streeter GCI Focus Group 0171 398 0800
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