Keller Group PLC
12 March 2004
For immediate release Friday, 12 March 2004
Keller Group plc
€12m (£8.2m) Dubai Palm Island Contract Win
Keller Group plc ('Keller'), the international specialist ground engineering
group, has been awarded a contract valued at €12m (£8.2m) for ground improvement
work at the Palm Island development in Dubai.
The Palm Island development is a prestigious development of hotels, shops and
luxury homes being built on a reclaimed island off the coast of Dubai.
Keller's work, which has already commenced, is to densify the sand to improve
the stability of the island and to support utilities and structures. The
contract is due for completion before the end of 2004.
The contract is likely to be one of the Group's largest single contracts in
2004, and is included in Keller's current order book, which represents over four
months' sales (as stated in the Group's preliminary results announced today).
Justin Atkinson, Keller's Chief Executive designate, said:
'We are delighted to have been awarded this exciting contract, which is a good
example of the Group's worldwide coverage and technical capabilities.'
- Ends -
For further information, please contact:
Keller Group plc www.keller.co.uk
----------------
Tom Dobson, Chief Executive 020 8341 6424
Justin Atkinson, Chief Operating Officer
James Hind, Finance Director
Smithfield Financial 020 7360 4900
Reg Hoare
Anna Rainbow
Notes for editors:
In a recent FT Report, 'World's Most Respected Companies', published in January
2004, Keller was rated as one of the most respected engineering companies in the
world. It was the only UK company to be so ranked.
This information is provided by RNS
The company news service from the London Stock Exchange
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