Keller Group PLC
27 September 2002
Friday, 27 September 2002
Keller Group plc
Trading Statement - Site Visit
Keller Group plc, the global construction services group, is today hosting a
site visit to a number of its UK operations. The visit encompasses tours of
some current contracts being undertaken by both its Foundation Services and
Specialist Services businesses that have established strong track records in
recent years of profit growth and cash generation. In addition, presentations
will also be made by the senior management team.
During the visit, Tom Dobson, Chief Executive, will confirm that current trading
continues to be in line with that indicated at the time of the Group's interim
results announced on 22 August 2002, with the order book ahead of the previous
year's exceptional level, demonstrating good organic growth, and with tender
levels remaining strong. In light of current trading and the opportunities
facing the Group, the Board remains confident that the results for the full year
will be good.
The presentations will focus on the sources of future organic growth; within
Foundation Services this is being driven by the need for conservation, site
rehabilitation (including brownfield) and environmental protection, for which
Keller can offer complete enablement solutions. Within Specialist Services the
main drivers are increased spend on social housing, car parking and other
infrastructure work where Keller's competitive edge is based on the strong
culture of teamwork, safety and customer care within its Makers' operation.
In both businesses, the emphasis on developing strong client relationships
through negotiated contracts as preferred supplier and/or partnering
arrangements and framework contracts continues to be a key component in Keller's
success.
Tom Dobson, Keller Chief Executive said:
'We continue to demonstrate the Group's inherent strengths and highlight our
ability to create and exploit growth opportunities. We look forward to the
future with confidence.'
Enquiries:
Tom Dobson Chief Executive, Keller 020 7950 2800
Justin Atkinson Finance Director, Keller 020 7950 2800
Reg Hoare Weber Shandwick I Square Mile 020 7950 2800
Laurence Read Weber Shandwick I Square Mile 020 7950 2800
This information is provided by RNS
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